Guangzhou Guanggang Gases & EnergyLtd Dividend
Dividend criteria checks 2/6
Guangzhou Guanggang Gases & EnergyLtd is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.076 |
| Earnings per share | CN¥0.22 |
| Dividend yield forecast | 2.4% |
Recent dividend updates
No updates
Recent updates
No 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) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (688548) (up to 3 years) | 2.4% |
Notable Dividend: 688548's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688548's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), 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.