Guangdong Shunkong DevelopmentLtd Dividend
Dividend criteria checks 3/6
Guangdong Shunkong DevelopmentLtd is a dividend paying company with a current yield of 1.24% that is well covered by earnings.
Key information
1.2%
Dividend yield
40%
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¥0.43 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 003039 has been paying a dividend for less than 10 years.
Growing Dividend: 003039's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Guangdong Shunkong DevelopmentLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3039) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Water Utilities) | 2.6% |
Analyst forecast in 3 Years (3039) | n/a |
Notable Dividend: 003039's dividend (1.24%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 003039's dividend (1.24%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), 003039's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.9%), 003039's dividend payments are well covered by cash flows.