Guangdong Provincial Expressway Development Dividend
Dividend criteria checks 5/6
Guangdong Provincial Expressway Development is a dividend paying company with a current yield of 5.22% that is well covered by earnings.
Key information
5.2%
Dividend yield
70%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.79 |
Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
The Market Doesn't Like What It Sees From Guangdong Provincial Expressway Development Co., Ltd.'s (SZSE:000429) Earnings Yet
Jun 03Is There An Opportunity With Guangdong Provincial Expressway Development Co., Ltd.'s (SZSE:000429) 42% Undervaluation?
Apr 12Guangdong Provincial Expressway Development Co., Ltd. (SZSE:000429) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 18Do Guangdong Provincial Expressway Development's (SZSE:000429) Earnings Warrant Your Attention?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000429's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000429's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Guangdong Provincial Expressway Development Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (000429) | 5.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Infrastructure) | 2.8% |
Analyst forecast in 3 Years (000429) | 5.8% |
Notable Dividend: 000429's dividend (5.22%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 000429's dividend (5.22%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.1%), 000429's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.5%), 000429's dividend payments are covered by cash flows.