Chongqing Qin'an M&E Dividend
Dividend criteria checks 4/6
Chongqing Qin'an M&E is a dividend paying company with a current yield of 5.01% that is well covered by earnings. Next payment date is on 6th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.0%
Dividend yield
85%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 06 May 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.59 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603758 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603758's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Chongqing Qin'an M&E Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603758) | 5.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (603758) | n/a |
Notable Dividend: 603758's dividend (5.01%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603758's dividend (5.01%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.5%), 603758's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.1%), 603758's dividend payments are covered by cash flows.