Huaibei GreenGold Industry Investment Dividend
Dividend criteria checks 2/6
Huaibei GreenGold Industry Investment is a dividend paying company with a current yield of 4.39% that is well covered by earnings.
Key information
4.4%
Dividend yield
19%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2450's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2450's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Huaibei GreenGold Industry Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2450) | 4.4% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.6% |
| Industry Average (Basic Materials) | 5.2% |
| Analyst forecast in 3 Years (2450) | n/a |
Notable Dividend: 2450's dividend (4.39%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 2450's dividend (4.39%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.5%), 2450's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 2450's cash payout ratio to determine if its dividend payments are covered by cash flows.