Queen's Road Capital Investment Dividends and Buybacks
Dividend criteria checks 2/6
Queen's Road Capital Investment is a dividend paying company with a current yield of 2.99% that is well covered by earnings.
Key information
3.0%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.021 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
We Think Queen's Road Capital Investment (TSE:QRC) Can Stay On Top Of Its Debt
Aug 05
Estimating The Intrinsic Value Of Queen's Road Capital Investment Ltd. (TSE:QRC)
Dec 28Queen's Road Capital Investment's (TSE:QRC) Dividend Will Be Increased To $0.019
Oct 20Queen's Road Capital Investment (CVE:QRC) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 29Here's What Queen's Road Capital Investment Ltd.'s (CVE:QRC) Shareholder Ownership Structure Looks Like
Dec 01
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, QRC has been paying a dividend for less than 10 years.
Growing Dividend: QRC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Queen's Road Capital Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QRC) | 3.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Metals and Mining) | 2.0% |
| Analyst forecast (QRC) (up to 3 years) | n/a |
Notable Dividend: QRC's dividend (2.99%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: QRC's dividend (2.99%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), QRC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.6%), QRC's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Queen's Road Capital Investment Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ralph Profiti | Eight Capital |