Guangzhou Ruoyuchen TechnologyLtd Dividend
Dividend criteria checks 2/6
Guangzhou Ruoyuchen TechnologyLtd is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
60%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.50 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 003010 has been paying a dividend for less than 10 years.
Growing Dividend: 003010's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Guangzhou Ruoyuchen TechnologyLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (3010) | 1.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Consumer Retailing) | 1.3% |
Analyst forecast in 3 Years (3010) | n/a |
Notable Dividend: 003010's dividend (1.51%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 003010's dividend (1.51%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), 003010's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003010 is paying a dividend but the company has no free cash flows.