Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.

SZSE:300922 Stock Report

Market Cap: CN¥2.6b

Qinhuangdao Tianqin Equipment ManufacturingLtd Dividends and Buybacks

Dividend criteria checks 2/6

Qinhuangdao Tianqin Equipment ManufacturingLtd is a dividend paying company with a current yield of 0.94% that is well covered by earnings.

Key information

0.9%

Dividend yield

0.6%

Buyback Yield

Total Shareholder Yield1.5%
Future Dividend Yieldn/a
Dividend Growth-5.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.150
Payout ratio56%

Recent dividend and buyback updates

Qinhuangdao Tianqin Equipment ManufacturingLtd (SZSE:300922) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15

May 22
Qinhuangdao Tianqin Equipment ManufacturingLtd (SZSE:300922) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15

Recent updates

Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.'s (SZSE:300922) Business Is Yet to Catch Up With Its Share Price

Sep 28
Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.'s (SZSE:300922) Business Is Yet to Catch Up With Its Share Price

Qinhuangdao Tianqin Equipment ManufacturingLtd (SZSE:300922) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15

May 22
Qinhuangdao Tianqin Equipment ManufacturingLtd (SZSE:300922) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15

Optimistic Investors Push Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SZSE:300922) Shares Up 26% But Growth Is Lacking

May 09
Optimistic Investors Push Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SZSE:300922) Shares Up 26% But Growth Is Lacking

Qinhuangdao Tianqin Equipment ManufacturingLtd's (SZSE:300922) Earnings May Just Be The Starting Point

Apr 17
Qinhuangdao Tianqin Equipment ManufacturingLtd's (SZSE:300922) Earnings May Just Be The Starting Point

Revenues Not Telling The Story For Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SZSE:300922) After Shares Rise 26%

Mar 07
Revenues Not Telling The Story For Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SZSE:300922) After Shares Rise 26%

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 4 years, and since then payments have fallen.


Dividend Yield vs Market

Qinhuangdao Tianqin Equipment ManufacturingLtd Dividend Yield vs Market
How does 300922 dividend yield compare to the market?
SegmentDividend Yield
Company (300922)0.9%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.0%
Industry Average (Aerospace & Defense)0.6%
Analyst forecast (300922) (up to 3 years)n/a

Notable Dividend: 300922's dividend (0.94%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).

High Dividend: 300922's dividend (0.94%) is low compared to the top 25% of dividend payers in the CN market (1.98%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.7%), 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.


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