Guangdong Piano Customized Furniture Dividend
Dividend criteria checks 3/6
Guangdong Piano Customized Furniture is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
47%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.200 |
Earnings per share | CN¥0.45 |
Dividend yield forecast in 3Y | 2.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002853 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002853 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Guangdong Piano Customized Furniture Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002853) | 2.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Consumer Durables) | 4.1% |
Analyst forecast in 3 Years (002853) | 2.8% |
Notable Dividend: 002853's dividend (2.8%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002853's dividend (2.8%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.5%), 002853's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (122.5%), 002853's dividend payments are not well covered by cash flows.