Guangdong Great River Smarter Logistics Dividend
Dividend criteria checks 3/6
Guangdong Great River Smarter Logistics is a dividend paying company with a current yield of 2.02% that is well covered by earnings.
Key information
2.0%
Dividend yield
40%
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¥0.62 |
Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002930 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002930's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Guangdong Great River Smarter Logistics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002930) | 2.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Infrastructure) | 2.8% |
Analyst forecast in 3 Years (002930) | 2.0% |
Notable Dividend: 002930's dividend (2.02%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002930's dividend (2.02%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 002930's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), 002930's dividend payments are well covered by cash flows.