Guangdong New Grand Long Packing Dividend
Dividend criteria checks 1/6
Guangdong New Grand Long Packing is a dividend paying company with a current yield of 1.6%.
Key information
1.6%
Dividend yield
125%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Earnings per share | CN¥0.085 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Subdued 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 7 years.
Dividend Yield vs Market
Guangdong New Grand Long Packing Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002836) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Packaging) | 2.6% |
Analyst forecast in 3 Years (002836) | n/a |
Notable Dividend: 002836's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002836's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125%), 002836's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (444.7%), 002836's dividend payments are not well covered by cash flows.