Guangdong Modern High-tech Fiber Dividend
Dividend criteria checks 1/6
Guangdong Modern High-tech Fiber is a dividend paying company with a current yield of 1.1%.
Key information
1.1%
Dividend yield
866%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.023 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
Recent updates
Guangdong Modern High-tech Fiber (SZSE:300876) Has Affirmed Its Dividend Of CN¥0.20
Apr 29Need To Know: This Analyst Just Made A Substantial Cut To Their Guangdong Modern High-tech Fiber Co., Ltd (SZSE:300876) Estimates
Apr 16Earnings Tell The Story For Guangdong Modern High-tech Fiber Co., Ltd (SZSE:300876) As Its Stock Soars 41%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300876 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300876 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Guangdong Modern High-tech Fiber Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (300876) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (300876) | 0% |
Notable Dividend: 300876's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300876's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (865.7%), 300876's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300876 is paying a dividend but the company has no free cash flows.