|HKD per share|
Guangdng Elc Pw Dv B paid a total dividend of 215 million HKD last year, for a market capitalization of 2,929 millions. Dividend per share of Guangdng Elc Pw Dv B is 0.27 HKD, and his stock market price 3.67 HKD.
According to the chart below, where dividend yield is displayed, Guangdng Elc Pw Dv B has a dividend yield of 7.43%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Utilities 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 Guangdng Elc Pw Dv B to maintain his current dividend of HKD 0.27 per share, an amount that accounts for 7.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Guangdng Elc Pw Dv B payout on ernings is currently 34.62%, which is lower than the market average and companies of Utilities industry, which are 40.24% and 43.28% respectively. Both figures lead us to believe that there is confidence that Guangdng Elc Pw Dv Bcan maintain his current dividend.
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 Guangdng Elc Pw Dv B is HKD 2.45 per share, which is higher than the dividend per share paid by the company of HKD 0.27, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Guangdng Elc Pw Dv B, compared againt world market average, China companies, Utilities industry and Electricity sector companies. You might also need to check full financial report of Guangdng Elc Pw Dv B.
Guangdong Inv RC. China. Utilities.Guangshen Railw Co H. China. Consumer Services.Guangzhou Automobile. China. Consumer Goods.Guangzhou Baiyunsha. China. Health Care.Guangzhou R&F Prpt H. China. Financials.Gudang Garam. Indonesia. Consumer Goods.
GT Capital Holdings. Philippines. Financials.GS Yuasa Corp. Japan. Consumer Goods.GS Retail. Korea. Consumer Services.GS Holdings. Korea. Oil and Gas.GS Eng & Constructio. Korea. Industrials.Grupo Sanborns S.A.. Mexico. Consumer Services.
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