Qinhuangdao Tianqin Equipment ManufacturingLtd Dividend
Dividend criteria checks 2/6
Qinhuangdao Tianqin Equipment ManufacturingLtd is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
68%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.22 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300922 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300922 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Qinhuangdao Tianqin Equipment ManufacturingLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300922) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Aerospace & Defense) | 0.8% |
Analyst forecast in 3 Years (300922) | n/a |
Notable Dividend: 300922's dividend (1.09%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300922's dividend (1.09%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68%), 300922's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300922 is paying a dividend but the company has no free cash flows.