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 | 11.0% |
| 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
Stability 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) | 2.2% |
| 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 (0.53%).
High Dividend: 300001's dividend (0.44%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
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.