Guangdong Guanghong HoldingsLtd Dividend
Dividend criteria checks 3/6
Guangdong Guanghong HoldingsLtd is a dividend paying company with a current yield of 2.55% that is well covered by earnings. Next payment date is on 4th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
2.6%
Dividend yield
42%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 04 Jul 24 |
| Ex dividend date | 04 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.35 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 000529 has been paying a dividend for less than 10 years.
Growing Dividend: 000529's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Guangdong Guanghong HoldingsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000529) | 2.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Food) | 2.6% |
| Analyst forecast in 3 Years (000529) | n/a |
Notable Dividend: 000529's dividend (2.55%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 000529's dividend (2.55%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), 000529's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000529 is paying a dividend but the company has no free cash flows.