China Design Group Co., Ltd.

SHSE:603018 Stock Report

Market Cap: CN¥6.1b

China Design Group Dividend

Dividend criteria checks 4/6

China Design Group is a dividend paying company with a current yield of 3.41% that is well covered by earnings.

Key information

3.4%

Dividend yield

31%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥1.03
Dividend yield forecast in 3Y4.7%

Recent dividend updates

No updates

Recent updates

There's No Escaping China Design Group Co., Ltd.'s (SHSE:603018) Muted Earnings Despite A 26% Share Price Rise

May 10
There's No Escaping China Design Group Co., Ltd.'s (SHSE:603018) Muted Earnings Despite A 26% Share Price Rise

China Design Group (SHSE:603018) Seems To Use Debt Rather Sparingly

Apr 23
China Design Group (SHSE:603018) Seems To Use Debt Rather Sparingly

China Design Group Co., Ltd. (SHSE:603018) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Mar 21
China Design Group Co., Ltd. (SHSE:603018) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 603018 has been paying a dividend for less than 10 years.

Growing Dividend: 603018's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

China Design Group Dividend Yield vs Market
How does 603018 dividend yield compare to the market?
SegmentDividend Yield
Company (603018)3.4%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.5%
Industry Average (Professional Services)1.7%
Analyst forecast in 3 Years (603018)4.7%

Notable Dividend: 603018's dividend (3.41%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).

High Dividend: 603018's dividend (3.41%) is in the top 25% of dividend payers in the CN market (2.55%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.6%), 603018's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.6%), 603018's dividend payments are covered by cash flows.


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