Guoquan Food (Shanghai) Dividend
Dividend criteria checks 2/6
Guoquan Food (Shanghai) is a dividend paying company with a current yield of 1.95% that is well covered by earnings.
Key information
2.0%
Dividend yield
65%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0563 |
| Earnings per share | HK$0.079 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent 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) | 2.0% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.2% |
| Industry Average (Consumer Retailing) | 2.3% |
| Analyst forecast (2517) (up to 3 years) | n/a |
Notable Dividend: 2517's dividend (1.95%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.37%).
High Dividend: 2517's dividend (1.95%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.2%).
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 (30.6%), 2517's dividend payments are well covered by cash flows.