Guangdong Shunkong DevelopmentLtd Dividends and Buybacks
Dividend criteria checks 3/6
Guangdong Shunkong DevelopmentLtd is a dividend paying company with a current yield of 1.26% that is well covered by earnings.
Key information
1.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 29.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.173 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Guangdong Shunkong DevelopmentLtd (SZSE:003039) Has A Pretty Healthy Balance Sheet
Sep 25
Guangdong Shunkong DevelopmentLtd's (SZSE:003039) Dividend Will Be Increased To CN¥0.173
Jun 27Getting In Cheap On Guangdong Shunkong Development Co.,Ltd. (SZSE:003039) Is Unlikely
Jun 03Investors Met With Slowing Returns on Capital At Guangdong Shunkong DevelopmentLtd (SZSE:003039)
Apr 21Here's Why Guangdong Shunkong DevelopmentLtd (SZSE:003039) Can Manage Its Debt Responsibly
Feb 28Stability 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 4 years.
Dividend Yield vs Market
| Guangdong Shunkong DevelopmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003039) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (003039) (up to 3 years) | n/a |
Notable Dividend: 003039's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 003039's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.5%), 003039's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.4%), 003039's dividend payments are covered by cash flows.