Guangdong Hoshion Industrial Aluminium Dividend
Dividend criteria checks 2/6
Guangdong Hoshion Industrial Aluminium is a dividend paying company with a current yield of 1.62% that is well covered by earnings.
Key information
1.6%
Dividend yield
40%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.191 |
Earnings per share | CN¥0.48 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Guangdong Hoshion Industrial Aluminium (SZSE:002824) Is Paying Out Less In Dividends Than Last Year
Jul 14Guangdong Hoshion Industrial Aluminium's (SZSE:002824) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06Analysts Have Just Cut Their Guangdong Hoshion Industrial Aluminium Co., Ltd. (SZSE:002824) Revenue Estimates By 17%
Apr 30The Return Trends At Guangdong Hoshion Industrial Aluminium (SZSE:002824) Look Promising
Apr 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002824 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002824's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Guangdong Hoshion Industrial Aluminium Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002824) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.6% |
Analyst forecast in 3 Years (002824) | 2.4% |
Notable Dividend: 002824's dividend (1.62%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002824's dividend (1.62%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 002824's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002824 is paying a dividend but the company has no free cash flows.