Qingdao Sentury Tire Dividend
Dividend criteria checks 3/6
Qingdao Sentury Tire is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
18%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.58 |
Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002984 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002984's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Qingdao Sentury Tire Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2984) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (2984) | 2.1% |
Notable Dividend: 002984's dividend (1.12%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002984's dividend (1.12%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.8%), 002984's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), 002984's dividend payments are well covered by cash flows.