Quick Intelligent EquipmentLtd Dividend
Dividend criteria checks 2/6
Quick Intelligent EquipmentLtd is a dividend paying company with a current yield of 4.57%.
Key information
4.6%
Dividend yield
119%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.78 |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603203 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603203's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Quick Intelligent EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603203) | 4.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (603203) | 4.6% |
Notable Dividend: 603203's dividend (4.57%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603203's dividend (4.57%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (119.4%), 603203's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (169.6%), 603203's dividend payments are not well covered by cash flows.