Guangzhou Haige Communications Group Dividends and Buybacks
Dividend criteria checks 3/6
Guangzhou Haige Communications Group is a dividend paying company with a current yield of 1.26% that is well covered by earnings.
Key information
1.3%
Dividend yield
-6.3%
Buyback Yield
| Total Shareholder Yield | -5.0% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002465's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002465's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangzhou Haige Communications Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002465) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Communications) | 1.1% |
| Analyst forecast (002465) (up to 3 years) | 1.9% |
Notable Dividend: 002465's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002465's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.2%), 002465's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002465 is paying a dividend but the company has no free cash flows.