Qingdao Copton Technology Dividend
Dividend criteria checks 3/6
Qingdao Copton Technology is a dividend paying company with a current yield of 0.66% that is well covered by earnings.
Key information
0.7%
Dividend yield
27%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.22 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603798 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603798 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Qingdao Copton Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603798) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (603798) | n/a |
Notable Dividend: 603798's dividend (0.66%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603798's dividend (0.66%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.1%), 603798's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.4%), 603798's dividend payments are well covered by cash flows.