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 2.19% that is well covered by earnings.
Key information
2.2%
Dividend yield
42%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Earnings per share | CN¥0.59 |
| Dividend yield forecast | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002930 has been paying a dividend for less than 10 years.
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002930) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Infrastructure) | 2.4% |
| Analyst forecast (002930) (up to 3 years) | 2.2% |
Notable Dividend: 002930's dividend (2.19%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 002930's dividend (2.19%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), 002930's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), 002930's dividend payments are well covered by cash flows.