Qingdao TGOOD Electric Dividend
Dividend criteria checks 3/6
Qingdao TGOOD Electric is a dividend paying company with a current yield of 0.52% that is well covered by earnings.
Key information
0.5%
Dividend yield
19%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Earnings per share | CN¥0.51 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Should 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) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (300001) | 1.3% |
Notable Dividend: 300001's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 300001's dividend (0.52%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), 300001's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.6%), 300001's dividend payments are thoroughly covered by cash flows.