Tongqinglou Catering Dividends and Buybacks
Dividend criteria checks 2/6
Tongqinglou Catering is a dividend paying company with a current yield of 1.78% that is well covered by earnings.
Key information
1.8%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 35.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.410 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605108 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605108's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Tongqinglou Catering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605108) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Hospitality) | 1.4% |
| Analyst forecast (605108) (up to 3 years) | 2.3% |
Notable Dividend: 605108's dividend (1.78%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 605108's dividend (1.78%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), 605108's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605108 is paying a dividend but the company has no free cash flows.