Guangzhou Development Group Dividends and Buybacks
Dividend criteria checks 4/6
Guangzhou Development Group is a dividend paying company with a current yield of 3.67% that is well covered by earnings.
Key information
3.7%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Guangzhou Development Group (SHSE:600098) Will Pay A Larger Dividend Than Last Year At CN¥0.25
Jun 21
Recent updates
Earnings Working Against Guangzhou Development Group Incorporated's (SHSE:600098) Share Price
Oct 01Guangzhou Development Group (SHSE:600098) Has Some Way To Go To Become A Multi-Bagger
Jul 29Guangzhou Development Group (SHSE:600098) Will Pay A Larger Dividend Than Last Year At CN¥0.25
Jun 21Does Guangzhou Development Group (SHSE:600098) Have A Healthy Balance Sheet?
May 28Fewer Investors Than Expected Jumping On Guangzhou Development Group Incorporated (SHSE:600098)
Apr 02Does Guangzhou Development Group (SHSE:600098) Have A Healthy Balance Sheet?
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600098's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600098's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangzhou Development Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600098) | 3.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Oil and Gas) | 6.2% |
| Analyst forecast (600098) (up to 3 years) | n/a |
Notable Dividend: 600098's dividend (3.67%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600098's dividend (3.67%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.4%), 600098's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (14118.6%), 600098's dividend payments are not well covered by cash flows.