Bank of Qingdao Dividend
Dividend criteria checks 3/6
Bank of Qingdao is a dividend paying company with a current yield of 7.51% that is well covered by earnings.
Key information
7.5%
Dividend yield
27%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.60 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002948 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002948 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Bank of Qingdao Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2948) | 7.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Banks) | 5.4% |
Analyst forecast in 3 Years (2948) | n/a |
Notable Dividend: 002948's dividend (7.51%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 002948's dividend (7.51%) is in the top 25% of dividend payers in the CN market (2.55%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.7%), 002948's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.