Guangzhou Devotion Thermal Technology Dividends and Buybacks
Dividend criteria checks 4/6
Guangzhou Devotion Thermal Technology is a dividend paying company with a current yield of 2.31%.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 93% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300335's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300335's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangzhou Devotion Thermal Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300335) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (300335) (up to 3 years) | n/a |
Notable Dividend: 300335's dividend (2.31%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300335's dividend (2.31%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.7%), 300335's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), 300335's dividend payments are well covered by cash flows.