Ganyuan Foods Dividends and Buybacks
Dividend criteria checks 3/6
Ganyuan Foods is a dividend paying company with a current yield of 3.01% that is well covered by earnings.
Key information
3.0%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 25.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.184 |
| Payout ratio | 76% |
Recent dividend and buyback updates
Recent updates
What Does Ganyuan Foods Co., Ltd.'s (SZSE:002991) Share Price Indicate?
Oct 23
Improved Earnings Required Before Ganyuan Foods Co., Ltd. (SZSE:002991) Stock's 29% Jump Looks Justified
Sep 30If EPS Growth Is Important To You, Ganyuan Foods (SZSE:002991) Presents An Opportunity
Aug 30Ganyuan Foods (SZSE:002991) May Have Issues Allocating Its Capital
Jun 21Ganyuan Foods' (SZSE:002991) Solid Profits Have Weak Fundamentals
Apr 30If EPS Growth Is Important To You, Ganyuan Foods (SZSE:002991) Presents An Opportunity
Apr 01Is Ganyuan Foods Co., Ltd. (SZSE:002991) Trading At A 33% Discount?
Mar 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002991 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002991's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Ganyuan Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002991) | 3.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (002991) (up to 3 years) | 5.0% |
Notable Dividend: 002991's dividend (3.01%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002991's dividend (3.01%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.1%), 002991's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (202.6%), 002991's dividend payments are not well covered by cash flows.