Guangzhou Guanggang Gases & EnergyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Guangzhou Guanggang Gases & EnergyLtd is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.076 |
| Payout ratio | 36% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688548's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688548's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Guangzhou Guanggang Gases & EnergyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688548) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688548) (up to 3 years) | 1.3% |
Notable Dividend: 688548's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688548's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.1%), 688548's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688548 is paying a dividend but the company has no free cash flows.