Guangdong Zhongsheng Pharmaceutical Dividends and Buybacks
Dividend criteria checks 3/6
Guangdong Zhongsheng Pharmaceutical is a dividend paying company with a current yield of 1.52%.
Key information
1.5%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 125% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002317's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002317's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangdong Zhongsheng Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002317) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast (002317) (up to 3 years) | 2.5% |
Notable Dividend: 002317's dividend (1.52%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002317's dividend (1.52%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (124.6%), 002317's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.4%), 002317's dividend payments are covered by cash flows.