Guangshen Railway Co. Ltd ADR Class H (NYSE:GSH) announced an annual dividend on Thursday, June 18th, Wall Street Journal reports. Shareholders of record on Monday, June 29th will be given a dividend of 0.4234 per share by the transportation company on Friday, August 21st. This represents a yield of 3.9%. The ex-dividend date of this dividend is Friday, June 26th.
Guangshen Railway Co. Ltd ADR Class H has a payout ratio of 86.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.
Guangshen Railway Co. Ltd ADR Class H stock opened at $9.59 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 0.99. The stock has a fifty day moving average price of $9.81 and a two-hundred day moving average price of $12.41. Guangshen Railway Co. Ltd ADR Class H has a 52-week low of $9.37 and a 52-week high of $17.85. The firm has a market capitalization of $1.36 billion, a P/E ratio of 11.55 and a beta of 0.84.
Separately, ValuEngine lowered Guangshen Railway Co. Ltd ADR Class H from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd.
Guangshen Railway Co. Ltd ADR Class H Company Profile
Guangshen Railway Company Limited engages in the railroad passenger and freight transportation business in the People's Republic of China. The company's passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, long-distance trains, and Guangzhou-Hong Kong city through trains.
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