Guangdong High Dream Intellectualized Machinery Dividend
Dividend criteria checks 3/6
Guangdong High Dream Intellectualized Machinery is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
78%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Earnings per share | CN¥0.23 |
| Future Dividend Yield | n/a |
Recent dividend updates
Recent updates
Some Investors May Be Worried About Guangdong High Dream Intellectualized Machinery's (SZSE:300720) Returns On Capital
Oct 30
Guangdong High Dream Intellectualized Machinery Co., Ltd.'s (SZSE:300720) 43% Price Boost Is Out Of Tune With Revenues
Oct 08Some Guangdong High Dream Intellectualized Machinery Co., Ltd. (SZSE:300720) Shareholders Look For Exit As Shares Take 26% Pounding
Jul 05Guangdong High Dream Intellectualized Machinery's (SZSE:300720) Dividend Will Be Increased To CN¥0.18
May 29Guangdong High Dream Intellectualized Machinery Co., Ltd.'s (SZSE:300720) 30% Share Price Surge Not Quite Adding Up
May 21Guangdong High Dream Intellectualized Machinery Co., Ltd.'s (SZSE:300720) 29% Share Price Surge Not Quite Adding Up
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300720 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300720's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Guangdong High Dream Intellectualized Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300720) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (300720) (up to 3 years) | n/a |
Notable Dividend: 300720's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 300720's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.3%), 300720's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.5%), 300720's dividend payments are covered by cash flows.