Guangdong Tianhe Agricultural Means of Production Dividends and Buybacks
Dividend criteria checks 2/6
Guangdong Tianhe Agricultural Means of Production is a dividend paying company with a current yield of 1.66% that is well covered by earnings.
Key information
1.7%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 81% |
Recent dividend and buyback updates
Recent updates
Guangdong Tianhe Agricultural Means of Production's (SZSE:002999) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04
Subdued Growth No Barrier To Guangdong Tianhe Agricultural Means of Production Co., Ltd.'s (SZSE:002999) Price
Oct 01We Think That There Are More Issues For Guangdong Tianhe Agricultural Means of Production (SZSE:002999) Than Just Sluggish Earnings
Apr 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002999 has been paying a dividend for less than 10 years.
Growing Dividend: 002999's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Guangdong Tianhe Agricultural Means of Production Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002999) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002999) (up to 3 years) | n/a |
Notable Dividend: 002999's dividend (1.66%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002999's dividend (1.66%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.1%), 002999's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002999 is paying a dividend but the company has no free cash flows.