Anhui Quanchai Engine Dividend
Dividend criteria checks 2/6
Anhui Quanchai Engine is a dividend paying company with a current yield of 1.1% that is well covered by earnings. Last payment was on 24th June, 2024 with an ex-dividend date of 24th June, 2024.
Key information
1.1%
Dividend yield
33%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 24 Jun 24 |
Ex dividend date | 24 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.21 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600218 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600218 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
Anhui Quanchai Engine Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600218) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (600218) | n/a |
Notable Dividend: 600218's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 600218's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), 600218's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.8%), 600218's dividend payments are not well covered by cash flows.