Grandtop Yongxing GroupLtd Dividend
Dividend criteria checks 4/6
Grandtop Yongxing GroupLtd is a dividend paying company with a current yield of 3.47% that is well covered by earnings.
Key information
3.5%
Dividend yield
56%
Payout ratio
Industry average yield | 2.6% |
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 | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 601033's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 601033's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Grandtop Yongxing GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601033) | 3.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Renewable Energy) | 2.6% |
Analyst forecast in 3 Years (601033) | n/a |
Notable Dividend: 601033's dividend (3.47%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 601033's dividend (3.47%) is in the top 25% of dividend payers in the CN market (2.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), 601033's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), 601033's dividend payments are covered by cash flows.