Guangdong Yussen Energy Technology Dividends and Buybacks
Dividend criteria checks 2/6
Guangdong Yussen Energy Technology is a dividend paying company with a current yield of 0.83% that is well covered by earnings.
Key information
0.8%
Dividend yield
-20.5%
Buyback Yield
| Total Shareholder Yield | -19.7% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | -20.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002986 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002986 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Guangdong Yussen Energy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002986) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002986) (up to 3 years) | 1.5% |
Notable Dividend: 002986's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002986's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.8%), 002986's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002986 is paying a dividend but the company has no free cash flows.