Qingdao TGOOD Electric Dividends and Buybacks
Dividend criteria checks 3/6
Qingdao TGOOD Electric is a dividend paying company with a current yield of 0.44% that is well covered by earnings.
Key information
0.4%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 10.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Do Qingdao TGOOD Electric's (SZSE:300001) Earnings Warrant Your Attention?
Nov 29
Qingdao TGOOD Electric Co., Ltd. (SZSE:300001) Looks Just Right With A 41% Price Jump
Oct 08Investors Will Want Qingdao TGOOD Electric's (SZSE:300001) Growth In ROCE To Persist
Sep 24Market Participants Recognise Qingdao TGOOD Electric Co., Ltd.'s (SZSE:300001) Earnings
Aug 19Should You Be Adding Qingdao TGOOD Electric (SZSE:300001) To Your Watchlist Today?
Jul 15Qingdao TGOOD Electric (SZSE:300001) Might Have The Makings Of A Multi-Bagger
May 31Here's Why We Think Qingdao TGOOD Electric (SZSE:300001) Is Well Worth Watching
Apr 08Market Participants Recognise Qingdao TGOOD Electric Co., Ltd.'s (SZSE:300001) Earnings Pushing Shares 30% Higher
Mar 06Qingdao TGOOD Electric (SZSE:300001) Has A Pretty Healthy Balance Sheet
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300001's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300001's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Qingdao TGOOD Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300001) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300001) (up to 3 years) | 1.1% |
Notable Dividend: 300001's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300001's dividend (0.44%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 300001's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.9%), 300001's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:49 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Qingdao TGOOD Electric Co., Ltd. is covered by 19 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yikai Liu | BofA Global Research |
| Haolong Deng | Changjiang Securities Co. LTD. |
| Yingdong Wang | China International Capital Corporation Limited |