Guangdong Haid Group Dividend
Dividend criteria checks 4/6
Guangdong Haid Group is a dividend paying company with a current yield of 1.06% 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
1.1%
Dividend yield
26%
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¥1.93 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Guangdong Haid Group's (SZSE:002311) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 28
An Intrinsic Calculation For Guangdong Haid Group Co., Limited (SZSE:002311) Suggests It's 38% Undervalued
Jun 21Guangdong Haid Group's (SZSE:002311) Earnings Offer More Than Meets The Eye
Apr 29Earnings Update: Guangdong Haid Group Co., Limited (SZSE:002311) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Apr 25Here's Why Guangdong Haid Group (SZSE:002311) Can Manage Its Debt Responsibly
Mar 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002311's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002311's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangdong Haid Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002311) | 1.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Food) | 2.6% |
| Analyst forecast in 3 Years (002311) | 2.3% |
Notable Dividend: 002311's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002311's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), 002311's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.4%), 002311's dividend payments are thoroughly covered by cash flows.