Qingdao Daneng Environmental Protection Equipment Dividends and Buybacks
Dividend criteria checks 2/6
Qingdao Daneng Environmental Protection Equipment is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Market Still Lacking Some Conviction On Qingdao Daneng Environmental Protection Equipment Co., Ltd. (SHSE:688501)
Sep 28
The Returns On Capital At Qingdao Daneng Environmental Protection Equipment (SHSE:688501) Don't Inspire Confidence
Aug 30A Piece Of The Puzzle Missing From Qingdao Daneng Environmental Protection Equipment Co., Ltd.'s (SHSE:688501) Share Price
Jun 07Investors Shouldn't Be Too Comfortable With Qingdao Daneng Environmental Protection Equipment's (SHSE:688501) Earnings
Apr 24Qingdao Daneng Environmental Protection Equipment Co., Ltd. (SHSE:688501) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688501 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688501's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Qingdao Daneng Environmental Protection Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688501) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (688501) (up to 3 years) | 3.1% |
Notable Dividend: 688501's dividend (1.51%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688501's dividend (1.51%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.9%), 688501's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688501 is paying a dividend but the company has no free cash flows.