Guangdong Sanhe Pile Dividend
What is Guangdong Sanhe Pile current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Guangdong Sanhe Pile Dividend Yield vs Market|
|Market Bottom 25% (CN)||0.5%|
|Market Top 25% (CN)||2.2%|
|Industry Average (Basic Materials)||3.6%|
|Analyst forecast in 3 Years (3037)||n/a|
Notable Dividend: 003037's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 003037's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 003037's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 003037's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (148.5%), 003037's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003037 is paying a dividend but the company has no free cash flows.