China Galaxy Securities Dividends and Buybacks
Dividend criteria checks 5/6
China Galaxy Securities is a dividend paying company with a current yield of 2.58% that is well covered by earnings.
Key information
2.6%
Dividend yield
-3.7%
Buyback Yield
| Total Shareholder Yield | -1.2% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.168 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601881's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601881's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Galaxy Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601881) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Capital Markets) | 1.1% |
| Analyst forecast (601881) (up to 3 years) | 3.9% |
Notable Dividend: 601881's dividend (2.58%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601881's dividend (2.58%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.1%), 601881's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.3%), 601881's dividend payments are thoroughly covered by cash flows.