Ganfeng Lithium Group Dividend
Dividend criteria checks 3/6
Ganfeng Lithium Group is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.4%
Dividend yield
33%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.47 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Investors Could Be Concerned With Ganfeng Lithium Group's (SZSE:002460) Returns On Capital
Apr 22Shaky Earnings May Not Tell The Whole Story For Ganfeng Lithium Group (SZSE:002460)
Apr 04Downgrade: Here's How Analysts See Ganfeng Lithium Group Co., Ltd. (SZSE:002460) Performing In The Near Term
Apr 02Earnings Miss: Ganfeng Lithium Group Co., Ltd. Missed EPS By 26% And Analysts Are Revising Their Forecasts
Apr 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002460's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002460's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ganfeng Lithium Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2460) | 2.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (2460) | 1.9% |
Notable Dividend: 002460's dividend (2.35%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 002460's dividend (2.35%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), 002460's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002460 is paying a dividend but the company has no free cash flows.