Caitong SecuritiesLtd Dividend
Dividend criteria checks 2/6
Caitong SecuritiesLtd is a dividend paying company with a current yield of 1.36% that is well covered by earnings.
Key information
1.4%
Dividend yield
37%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601108 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601108 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Caitong SecuritiesLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601108) | 1.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Capital Markets) | 1.7% |
Analyst forecast in 3 Years (601108) | 1.4% |
Notable Dividend: 601108's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 601108's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), 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.