Qingdao Hanhe CableLtd Dividend
Dividend criteria checks 3/6
Qingdao Hanhe CableLtd is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
14%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.036 |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Are Investors Undervaluing Qingdao Hanhe Cable Co.,Ltd (SZSE:002498) By 24%?
Aug 01Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Share Price Is Matching Sentiment Around Its Earnings
Jun 25Qingdao Hanhe CableLtd (SZSE:002498) Has Announced A Dividend Of CN¥0.036
Jun 07Qingdao Hanhe CableLtd (SZSE:002498) Is Doing The Right Things To Multiply Its Share Price
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002498's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002498's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Qingdao Hanhe CableLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002498) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (002498) | 1.6% |
Notable Dividend: 002498's dividend (1.12%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002498's dividend (1.12%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), 002498's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.7%), 002498's dividend payments are thoroughly covered by cash flows.