G-Resources Group Dividend
Dividend criteria checks 2/6
G-Resources Group is a dividend paying company with a current yield of 4.75%. Next payment date is on 18th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
4.7%
Dividend yield
97%
Payout ratio
| Industry average yield | 7.4% |
| Next dividend pay date | 18 Jul 24 |
| Ex dividend date | 04 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.016 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1051 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1051 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| G-Resources Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1051) | 4.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Diversified Financial) | 7.4% |
| Analyst forecast in 3 Years (1051) | n/a |
Notable Dividend: 1051's dividend (4.75%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1051's dividend (4.75%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.4%), 1051's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.7%), 1051's dividend payments are thoroughly covered by cash flows.