Guangdong Shunkong Development Co.,Ltd.

XSEC:003039 Stock Report

Market Cap: CN¥9.4b

Guangdong Shunkong DevelopmentLtd Dividends and Buybacks

Dividend criteria checks 3/6

Guangdong Shunkong DevelopmentLtd is a dividend paying company with a current yield of 1.14% that is well covered by earnings.

Key information

1.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth27.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.173
Payout ratio40%

Recent dividend and buyback updates

Recent updates

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 4 years.


Dividend Yield vs Market

Guangdong Shunkong DevelopmentLtd Dividend Yield vs Market
How does 003039 dividend yield compare to the market?
SegmentDividend Yield
Company (003039)1.1%
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 (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 003039's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


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.


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