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.
|Industry average yield||2.2%|
|Next dividend pay date||n/a|
|Ex dividend date||n/a|
|Dividend per share||CN¥0.20|
|Earnings per share||CN¥0.44|
|Dividend yield forecast in 3Y||n/a|
Recent dividend updates
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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|
|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.