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 Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 56% |
Recent dividend and buyback updates
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 ManufacturingLtd (SZSE:300922) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15
May 22Optimistic Investors Push Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SZSE:300922) Shares Up 26% But Growth Is Lacking
May 09Qinhuangdao Tianqin Equipment ManufacturingLtd's (SZSE:300922) Earnings May Just Be The Starting Point
Apr 17Revenues Not Telling The Story For Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SZSE:300922) After Shares Rise 26%
Mar 07Stability 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 |
|---|
| Segment | Dividend 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.