Guangdong Chant Group Dividend
Dividend criteria checks 4/6
Guangdong Chant Group is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
45%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.22 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002616's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002616's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangdong Chant Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002616) | 2.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Renewable Energy) | 2.6% |
| Analyst forecast (002616) (up to 3 years) | n/a |
Notable Dividend: 002616's dividend (2.4%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002616's dividend (2.4%) 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 (45%), 002616's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.8%), 002616's dividend payments are covered by cash flows.