Grandblue Environment Dividend
Dividend criteria checks 5/6
Grandblue Environment is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
26%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.480 |
Earnings per share | CN¥1.84 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 23Is Grandblue Environment (SHSE:600323) A Risky Investment?
Jul 17Little Excitement Around Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings
May 23Investors Met With Slowing Returns on Capital At Grandblue Environment (SHSE:600323)
Apr 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600323's dividends per share have been stable in the past 10 years.
Growing Dividend: 600323's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grandblue Environment Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600323) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Water Utilities) | 2.6% |
Analyst forecast in 3 Years (600323) | 3.1% |
Notable Dividend: 600323's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600323's dividend (2.18%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.1%), 600323's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.8%), 600323's dividend payments are well covered by cash flows.