Qingdao Foods Dividend
Dividend criteria checks 3/6
Qingdao Foods is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
52%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.231 |
| Earnings per share | CN¥0.44 |
| Dividend yield forecast | n/a |
Recent dividend updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001219) | 2.2% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Food) | 2.8% |
| Analyst forecast (001219) (up to 3 years) | n/a |
Notable Dividend: 001219's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 001219's dividend (2.18%) is low compared to the top 25% of dividend payers in the CN market (2.81%).
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.