Ganfeng Lithium Group Dividend
Dividend criteria checks 3/6
Ganfeng Lithium Group is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
76%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.05 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 39EA's dividend payments have been volatile in the past 10 years.
Growing Dividend: 39EA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ganfeng Lithium Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (39EA) | 2.3% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Chemicals) | 5.0% |
Analyst forecast in 3 Years (39EA) | 1.7% |
Notable Dividend: 39EA's dividend (2.27%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 39EA's dividend (2.27%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76%), 39EA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 39EA is paying a dividend but the company has no free cash flows.