Grand Pharmaceutical Group is a dividend paying company with a current yield of 5.18% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 6th June, 2024.
Key information
5.2%
Dividend yield
49%
Payout ratio
Industry average yield
3.2%
Next dividend pay date
27 Jun 24
Ex dividend date
06 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.54
Dividend yield forecast in 3Y
6.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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 5 years.
Dividend Yield vs Market
Grand Pharmaceutical Group Dividend Yield vs Market
How does 512 dividend yield compare to the market?
Segment
Dividend Yield
Company (512)
5.2%
Market Bottom 25% (HK)
3.0%
Market Top 25% (HK)
7.4%
Industry Average (Pharmaceuticals)
3.2%
Analyst forecast in 3 Years (512)
6.6%
Notable Dividend: 512's dividend (5.18%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.05%).
High Dividend: 512's dividend (5.18%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.5%), 512's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47%), 512's dividend payments are well covered by cash flows.