Caitong Securities Co.,Ltd.

SHSE:601108 Stock Report

Mkt Cap: CN¥36.2b

Caitong SecuritiesLtd Dividend

Dividend criteria checks 3/6

Caitong Securities Co.,Ltd. is a dividend paying company with a current yield of 2.6% that is well covered by earnings.

Key information

2.6%

Dividend yield

39%

Payout ratio

Industry average yield2.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.20
Earnings per shareCN¥0.44
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

How stable has Caitong SecuritiesLtd's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
2/2/20230.22.56
4/28/20220.22.72
6/2/20210.21.99
7/6/20200.161.29
7/8/20190.070.68
7/4/20180.181.9

Stable Dividend: 601108 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 601108's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Caitong SecuritiesLtd Dividend Yield vs Market
How does 601108 dividend yield compare to the market?
SegmentDividend Yield
Company (601108)2.6%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)1.9%
Industry Average (Capital Markets)2.2%
Analyst forecast in 3 Years (601108)n/a

Notable Dividend: 601108's dividend (2.56%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 601108's dividend (2.56%) is in the top 25% of dividend payers in the CN market (1.9%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.1%), 601108's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 601108 is paying a dividend but the company has no free cash flows.


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