Golden Resources Development International (HKSE:00677) Dividend Payout Ratio : 6.00 (As of Sep. 2024)

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What is Golden Resources Development International Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Golden Resources Development International's Dividend Payout Ratio for the months ended in Sep. 2024 was 6.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Golden Resources Development International Ltd is 1.28, which seems too high.

The historical rank and industry rank for Golden Resources Development International's Dividend Payout Ratio or its related term are showing as below:

HKSE:00677' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 1 Max: 11.5
Current: 1.28

During the past 13 years, the highest Dividend Payout Ratio of Golden Resources Development International was 11.50. The lowest was 0.31. And the median was 1.00.

HKSE:00677's Dividend Payout Ratio is ranked worse than
96.74% of 184 companies
in the Retail - Defensive industry
Industry Median: 0.345 vs HKSE:00677: 1.28

As of today (2025-03-25), the Dividend Yield % of Golden Resources Development International is 6.97%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Golden Resources Development International was 7.54%. The lowest was 1.62%. And the median was 4.80%.

Golden Resources Development International's Dividends per Share for the months ended in Sep. 2024 was HK$0.01.

During the past 12 months, Golden Resources Development International's average Dividends Per Share Growth Rate was -14.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Golden Resources Development International was 4.20% per year. The lowest was -10.60% per year. And the median was -1.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Golden Resources Development International Dividend Payout Ratio Historical Data

The historical data trend for Golden Resources Development International's Dividend Payout Ratio can be seen below:

* 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.

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Golden Resources Development International Dividend Payout Ratio Chart

Golden Resources Development International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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2.09

1.00

4.80

0.31

0.39

Golden Resources Development International Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.26	0.40	0.29	0.69	6.00

Competitive Comparison of Golden Resources Development International's Dividend Payout Ratio

For the Food Distribution subindustry, Golden Resources Development International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* 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.

Golden Resources Development International's Dividend Payout Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Golden Resources Development International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Golden Resources Development International's Dividend Payout Ratio falls into.

Golden Resources Development International Dividend Payout Ratio Calculation

Golden Resources Development International's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0.026	/	0.067
	=	0.39

Golden Resources Development International's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.012	/	0.002
	=	6.00

Golden Resources Development International (HKSE:00677) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Golden Resources Development International Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Golden Resources Development International's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Resources Development International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Golden Resources Development International Ltd (HKSE:00677) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 218 Jaffe Road, 29th Floor, Golden Resources Centre, Wan Chai, Hong Kong, HKG

Website

http://www.grdil.com

Golden Resources Development International Ltd is an investment holding company. The company is engaged in the business of sourcing, importing, wholesaling, processing, packaging, marketing and distribution of rice and food products, convenience store operation, packaging materials operation, securities investment, property investment retailtainment and investment holding. The company's operating segment includes Convenience store operation; Food operation; Packaging materials operation; Securities investment; Property investment; Retailtainment; and Corporate and others. It generates maximum revenue from the Convenience store operation segment. Geographically, it derives a majority of revenue from Vietnam and also has a presence in Hong Kong and Mainland China and Other regions.

Executives

Lam Sai Mann

2201 Interest of corporation controlled by you

Golden Resources Development International Headlines

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