Qingdao Foods Dividend
Dividend criteria checks 3/6
Qingdao Foods is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
52%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.57 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 001219 has been paying a dividend for less than 10 years.
Growing Dividend: 001219's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Qingdao Foods Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1219) | 1.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.1% |
Analyst forecast in 3 Years (1219) | n/a |
Notable Dividend: 001219's dividend (1.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 001219's dividend (1.76%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), 001219's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.6%), 001219's dividend payments are covered by cash flows.