GOME Electrical Appl paid a total dividend of 879 million HKD last year, for a market capitalization of 21,309 millions.
Dividend per share of GOME Electrical Appl is 0.04 HKD, and his stock market price 0.97 HKD.
According to the chart, where dividend yield is displayed, GOME Electrical Appl has a dividend yield of 3.71%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
About the ability of GOME Electrical Appl to maintain his current dividend of HKD 0.04 per share, an amount that accounts for 3.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). GOME Electrical Appl payout on ernings is currently 66.67%, which is higher than the market average, and companies of Consumer Services industry, which are 40.24% and 41.59% respectively. Both figures show that GOME Electrical Appl can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of GOME Electrical Appl is HKD 0.07 per share, which is higher than the dividend per share paid by the company of HKD 0.04, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of GOME Electrical Appl, compared againt world market average, China companies, Consumer Services industry and General Retailers sector companies. You might also need to check full financial report of GOME Electrical Appl.
Good Resources Holdi. Hong-Kong. Financials.Goodman Group. Australia. Financials.Goodyear Tire & Rub. USA. Consumer Goods.GPT Group. Australia. Financials.Grainger (W W). USA. Industrials.Grandvision B.V.. Netherlands. Health Care.
Goldman Sachs Group. USA. Financials.Goldin Properties Ho. Hong-Kong. Financials.Goldin Financial Hol. Hong-Kong. Financials.Golden Eagle Retail. China. Consumer Services.Golden Agri-Resource. Singapore. Consumer Goods.Goldcorp. Canada. Basic Materials.
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