Guangdong Tengen Industrial GroupLtd Dividends and Buybacks
Dividend criteria checks 3/6
Guangdong Tengen Industrial GroupLtd is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -13.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Returns On Capital At Guangdong Tengen Industrial GroupLtd (SZSE:003003) Paint A Concerning Picture
Oct 02
Guangdong Tengen Industrial GroupLtd's (SZSE:003003) Earnings Seem To Be Promising
Sep 05Guangdong Tengen Industrial GroupLtd (SZSE:003003) Will Want To Turn Around Its Return Trends
Apr 16Guangdong Tengen Industrial Group Co.,Ltd.'s (SZSE:003003) 27% Price Boost Is Out Of Tune With Earnings
Mar 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003003 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003003 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Guangdong Tengen Industrial GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003003) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Packaging) | 2.2% |
| Analyst forecast (003003) (up to 3 years) | n/a |
Notable Dividend: 003003's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 003003's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.4%), 003003's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), 003003's dividend payments are thoroughly covered by cash flows.