GANFENG LITHIUM (H) Dividend yield




   HKD/share 
 Price  49.55
 Dividend  0.24
 Earnings  55.06
 Cash-flow  38.12
 Book value  123.88
 Equity  88.52

GANFENG LITHIUM (H) is part of Chemicals business, which is part of Basic Materials industry. GANFENG LITHIUM (H) is a company from China, and his stocks are publicly traded.

GANFENG LITHIUM (H) stock dividend

GANFENG LITHIUM (H) paid a total dividend of 97 million HKD last year, for a market value of 20,018 millions (Market Cap 18,226 millions). GANFENG LITHIUM (H) dividend per share is 0.24 HKD, and his stock market price 49.55 HKD.

According to the chart below, where dividend yield is displayed, GANFENG LITHIUM (H) has a dividend yield of 0.48%, lower than the amount offered by both the market average and companies from China. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare GANFENG LITHIUM (H) stocks dividend with other Chemicals companies or other of the high China dividend stocks list.

Dividend yield of GANFENG LITHIUM (H)

GANFENG LITHIUM (H) Dividend Payout

About the ability of GANFENG LITHIUM (H) to maintain his current dividend of HKD 0.24 per share, an amount that accounts for 0.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). GANFENG LITHIUM (H) payout on ernings is currently 0.44%, which is lower than the market average and companies of Basic Materials industry, which are 39.87% and 33.76% respectively. Both figures lead us to believe that there is confidence that GANFENG LITHIUM (H)can maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of GANFENG LITHIUM (H) is HKD 38.12 per share, which is higher than the dividend per share paid by the company of HKD 0.24, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of GANFENG LITHIUM (H), compared againt world market average, China companies, Basic Materials industry and Chemicals sector companies.

GANFENG LITHIUM (H) payout

GANFENG LITHIUM (H) Dividend History

Below you will find a table with the historical evolution of GANFENG LITHIUM (H)'s dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  HKD  Paypout  Shares* 
Present0.48%0.240.44%404
20220.41%0.241.65%404
20210.30%0.378.45%288
20200.38%0.3519.02%240

*In millions

GANFENG LITHIUM (H) Stock performance

Finally, last moth GANFENG LITHIUM (H) showed a return of -3.70% compared to a worldwide -2.16% average, and a -5.29% of Basic Materials firms. Over the last year, the company obtained a -31.20% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for China and Chemicals firms.

GANFENG LITHIUM (H) stock and market return