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 2.64% that is well covered by earnings.
Key information
2.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.021 |
| Payout ratio | 6% |
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) | 2.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast (QRC) (up to 3 years) | n/a |
Notable Dividend: QRC's dividend (2.64%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: QRC's dividend (2.64%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), QRC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.4%), QRC's dividend payments are not well covered by cash flows.