Qingdao Hiron Commercial Cold Chain Dividends and Buybacks
Dividend criteria checks 4/6
Qingdao Hiron Commercial Cold Chain is a dividend paying company with a current yield of 4.86% that is well covered by earnings.
Key information
4.9%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 31.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.550 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603187 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603187's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Qingdao Hiron Commercial Cold Chain Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603187) | 4.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603187) (up to 3 years) | 3.9% |
Notable Dividend: 603187's dividend (4.86%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603187's dividend (4.86%) is in the top 25% of dividend payers in the CN market (2.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.9%), 603187's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), 603187's dividend payments are covered by cash flows.