Grand Pharmaceutical Group Dividend
Dividend criteria checks 3/6
Grand Pharmaceutical Group is a dividend paying company with a current yield of 5.7% that is well covered by earnings.
Key information
5.7%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 6.4% |
| Dividend Growth | 24.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.260 |
| Payout ratio | 38% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 512 has been paying a dividend for less than 10 years.
Growing Dividend: 512's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Grand Pharmaceutical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (512) | 5.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Pharmaceuticals) | 3.7% |
| Analyst forecast (512) (up to 3 years) | 6.4% |
Notable Dividend: 512's dividend (5.7%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.25%).
High Dividend: 512's dividend (5.7%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), 512's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.8%), 512's dividend payments are covered by cash flows.