If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guangdong Join-Share Financing Guarantee Investment Co Ltd is 1.50, which seems too high.
During the past 12 months, Guangdong Join-Share Financing Guarantee Investment Co's average Dividends Per Share Growth Rate was -30.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -18.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -11.50% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangdong Join-Share Financing Guarantee Investment Co was -2.30% per year. The lowest was -18.10% per year. And the median was -10.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Guangdong Join-Share Financing Guarantee Investment Co Dividend Yield % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Guangdong Join-Share Financing Guarantee Investment Co Dividend Yield % Chart
Guangdong Join-Share Financing Guarantee Investment Co Annual Data
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Guangdong Join-Share Financing Guarantee Investment Co's Dividend Yield % Distribution in the Credit Services Industry
* The bar in red indicates where Guangdong Join-Share Financing Guarantee Investment Co's Dividend Yield % falls into.
Guangdong Join-Share Financing Guarantee Investment Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Guangdong Join-Share Financing Guarantee Investment Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.038170
2023-06-30
2023-07-04
2023-08-24
Cash Dividend
annually
HKD: 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Guangdong Join-Share Financing Guarantee Investment Co Dividend Yield % Related Terms
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Guangdong Join-Share Financing Guarantee Investment Co (HKSE:01543) Business Description
Guangdong Join-Share Financing Guarantee Investment Co Ltd is a financing services provider, focusing on providing credit-based financing solutions to small and medium enterprises (SMEs) to satisfy their financing and business needs. It provides guarantees on behalf of, and entrusted loans to, SMEs and individual business proprietors. It also provides micro-lending to SMEs, individual business proprietors and individuals in Foshan. The business is distinguished into Guarantees Business and SME Lending segments. The guarantee Business segment is further divided into Financial and Non-Financial Guarantees. The Guarantee segment generates maximum revenue for the company. Geographically, the firm operates in the People's Republic of China.
Guangdong Join-Share Financing Guarantee Investment Co (HKSE:01543) Headlines
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