Grandtop Yongxing GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Grandtop Yongxing GroupLtd is a dividend paying company with a current yield of 3.71% that is well covered by earnings.
Key information
3.7%
Dividend yield
-18.6%
Buyback Yield
| Total Shareholder Yield | -14.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.520 |
| Payout ratio | 61% |
Recent dividend and buyback updates
No 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601033) | 3.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (601033) (up to 3 years) | n/a |
Notable Dividend: 601033's dividend (3.71%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601033's dividend (3.71%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), 601033's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.1%), 601033's dividend payments are well covered by cash flows.