Fujian Qingshan Paper Industry Dividend
Dividend criteria checks 2/6
Fujian Qingshan Paper Industry is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
45%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.038 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 600103's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 600103's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Fujian Qingshan Paper Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600103) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Forestry) | 2.0% |
Analyst forecast in 3 Years (600103) | n/a |
Notable Dividend: 600103's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 600103's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.8%), 600103's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600103 is paying a dividend but the company has no free cash flows.