Queen's Road Capital Investment Dividend
Dividend criteria checks 2/6
Queen's Road Capital Investment is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
9%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$0.15 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
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 01Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (QRC) | 2.1% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Metals and Mining) | 1.9% |
Analyst forecast in 3 Years (QRC) | n/a |
Notable Dividend: QRC's dividend (2.11%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: QRC's dividend (2.11%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.2%), QRC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.3%), QRC's dividend payments are not well covered by cash flows.