Guoquan Food (Shanghai) Dividends and Buybacks
Dividend criteria checks 2/6
Guoquan Food (Shanghai) is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
-8.2%
Buyback Yield
| Total Shareholder Yield | -5.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0563 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2517's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2517's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Guoquan Food (Shanghai) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2517) | 2.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Consumer Retailing) | 2.3% |
| Analyst forecast (2517) (up to 3 years) | n/a |
Notable Dividend: 2517's dividend (2.77%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2517's dividend (2.77%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65%), 2517's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.5%), 2517's dividend payments are well covered by cash flows.