Qingdao Victall Railway Dividend
Dividend criteria checks 3/6
Qingdao Victall Railway is a dividend paying company with a current yield of 3.43% that is well covered by earnings.
Key information
3.4%
Dividend yield
28%
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¥0.72 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605001 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605001's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Qingdao Victall Railway Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605001) | 3.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (605001) | n/a |
Notable Dividend: 605001's dividend (3.43%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605001's dividend (3.43%) is in the top 25% of dividend payers in the CN market (2.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), 605001's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605001 is paying a dividend but the company has no free cash flows.