Guangzhou Automobile Group Dividend
Dividend criteria checks 3/6
Guangzhou Automobile Group is a dividend paying company with a current yield of 6.82% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 12th September, 2024.
Key information
6.8%
Dividend yield
54%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 30 Sep 24 |
Ex dividend date | 12 Sep 24 |
Dividend per share | HK$0.162 |
Earnings per share | HK$0.29 |
Dividend yield forecast | 6.3% |
Recent dividend updates
Guangzhou Automobile Group's (HKG:2238) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 02Guangzhou Automobile Group (HKG:2238) Is Due To Pay A Dividend Of CN¥0.1099
May 23Recent updates
Guangzhou Automobile Group's (HKG:2238) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 02Is Guangzhou Automobile Group (HKG:2238) A Risky Investment?
Jul 16Guangzhou Automobile Group (HKG:2238) Is Due To Pay A Dividend Of CN¥0.1099
May 23There Is A Reason Guangzhou Automobile Group Co., Ltd.'s (HKG:2238) Price Is Undemanding
Apr 26Guangzhou Automobile Group Co., Ltd. Just Missed EPS By 22%: Here's What Analysts Think Will Happen Next
Mar 31Health Check: How Prudently Does Guangzhou Automobile Group (HKG:2238) Use Debt?
Feb 18Market Cool On Guangzhou Automobile Group Co., Ltd.'s (HKG:2238) Earnings
Dec 26Is Guangzhou Automobile Group (HKG:2238) Using Debt In A Risky Way?
Oct 30Guangzhou Automobile Group (HKG:2238) Has Announced That Its Dividend Will Be Reduced To CN¥0.0544
Aug 28Guangzhou Automobile Group (HKG:2238) Has Debt But No Earnings; Should You Worry?
Jul 19Guangzhou Automobile Group's (HKG:2238) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Guangzhou Automobile Group (HKG:2238) Has Debt But No Earnings; Should You Worry?
Apr 03Is Guangzhou Automobile Group (HKG:2238) Using Debt In A Risky Way?
Dec 20New Forecasts: Here's What Analysts Think The Future Holds For Guangzhou Automobile Group Co., Ltd. (HKG:2238)
Sep 06Guangzhou Automobile Group (HKG:2238) Has Announced A Dividend Of CN¥0.0688
Sep 01Is Guangzhou Automobile Group (HKG:2238) Using Too Much Debt?
Jul 28Is Guangzhou Automobile Group (HKG:2238) Weighed On By Its Debt Load?
Apr 29Is Guangzhou Automobile Group (HKG:2238) Using Debt Sensibly?
Jan 28Is Guangzhou Automobile Group (HKG:2238) Using Debt In A Risky Way?
Oct 25Guangzhou Automobile Group (HKG:2238) Has Announced That It Will Be Increasing Its Dividend To HK$0.06
Sep 01Is Guangzhou Automobile Group (HKG:2238) Using Debt In A Risky Way?
Jul 13Does Guangzhou Automobile Group (HKG:2238) Have A Healthy Balance Sheet?
Apr 14Is Guangzhou Automobile Group Co., Ltd. (HKG:2238) A Smart Pick For Income Investors?
Mar 22Guangzhou Automobile Group (HKG:2238) Has Compensated Shareholders With A Respectable 95% Return On Their Investment
Feb 22Here's Why We Don't Think Guangzhou Automobile Group's (HKG:2238) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 01Is Guangzhou Automobile Group (HKG:2238) Using Debt Sensibly?
Jan 11Are Investors Undervaluing Guangzhou Automobile Group Co., Ltd. (HKG:2238) By 45%?
Dec 21Key Things To Consider Before Buying Guangzhou Automobile Group Co., Ltd. (HKG:2238) For Its Dividend
Dec 06How Is Guangzhou Automobile Group's (HKG:2238) CEO Compensated?
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2238's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2238's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Guangzhou Automobile Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2238) | 6.8% |
Market Bottom 25% (HK) | 3.6% |
Market Top 25% (HK) | 8.3% |
Industry Average (Auto) | 2.3% |
Analyst forecast (2238) (up to 3 years) | 6.3% |
Notable Dividend: 2238's dividend (6.82%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.59%).
High Dividend: 2238's dividend (6.82%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.7%), 2238's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2238 is paying a dividend but the company has no free cash flows.