Qingdao TGOOD Electric Dividend
Dividend criteria checks 3/6
Qingdao TGOOD Electric is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
19%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.51 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (300001) | 0.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (300001) | 1.1% |
Notable Dividend: 300001's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 300001's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
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.