Gansu Shangfeng CementLtd Dividend
What is Gansu Shangfeng CementLtd current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Gansu Shangfeng CementLtd Dividend Yield vs Market|
|Market Bottom 25% (CN)||0.5%|
|Market Top 25% (CN)||2.0%|
|Industry Average (Basic Materials)||3.5%|
|Analyst forecast in 3 Years (672)||8.2%|
Notable Dividend: 000672's dividend (6.1%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 000672's dividend (6.1%) is in the top 25% of dividend payers in the CN market (1.97%)
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: 000672 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000672's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.9%), 000672's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.1%), 000672's dividend payments are well covered by cash flows.