Guangdong New Grand Long Packing Dividends and Buybacks
Dividend criteria checks 3/6
Guangdong New Grand Long Packing is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Guangdong New Grand Long Packing's (SZSE:002836) Earnings May Just Be The Starting Point
Nov 06
Guangdong New Grand Long Packing (SZSE:002836) Has Some Way To Go To Become A Multi-Bagger
Oct 25Subdued Growth No Barrier To Guangdong New Grand Long Packing Co., Ltd. (SZSE:002836) With Shares Advancing 26%
May 22Capital Allocation Trends At Guangdong New Grand Long Packing (SZSE:002836) Aren't Ideal
Apr 16Revenues Not Telling The Story For Guangdong New Grand Long Packing Co., Ltd. (SZSE:002836)
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002836 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002836's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Guangdong New Grand Long Packing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002836) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Packaging) | 2.1% |
| Analyst forecast (002836) (up to 3 years) | n/a |
Notable Dividend: 002836's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002836's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), 002836's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.4%), 002836's dividend payments are well covered by cash flows.