Shanghai QiFan Cable Dividend
Dividend criteria checks 3/6
Shanghai QiFan Cable is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
0.9%
Dividend yield
18%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Earnings per share | CN¥0.87 |
| Dividend yield forecast | 1.6% |
Recent dividend updates
No updates
Recent updates
Shanghai QiFan Cable (SHSE:605222) Will Be Hoping To Turn Its Returns On Capital Around
Sep 27
Investors Continue Waiting On Sidelines For Shanghai QiFan Cable Co., Ltd (SHSE:605222)
Aug 25Shanghai QiFan Cable (SHSE:605222) Takes On Some Risk With Its Use Of Debt
Apr 29Concerns Surrounding Shanghai QiFan Cable's (SHSE:605222) Performance
Apr 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605222 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605222's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Shanghai QiFan Cable Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605222) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (605222) (up to 3 years) | 1.6% |
Notable Dividend: 605222's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 605222's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.4%), 605222's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.8%), 605222's dividend payments are thoroughly covered by cash flows.