Qingdao East Steel Tower StockLtd Dividends and Buybacks
Dividend criteria checks 5/6
Qingdao East Steel Tower StockLtd is a dividend paying company with a current yield of 4.2% that is well covered by earnings.
Key information
4.2%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
Not Many Are Piling Into Qingdao East Steel Tower Stock Co.Ltd (SZSE:002545) Just Yet
Oct 13
Qingdao East Steel Tower StockLtd (SZSE:002545) Is Experiencing Growth In Returns On Capital
Jul 01Qingdao East Steel Tower StockLtd (SZSE:002545) Has A Pretty Healthy Balance Sheet
May 10Qingdao East Steel Tower Stock Co.Ltd's (SZSE:002545) Intrinsic Value Is Potentially 41% Above Its Share Price
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002545's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002545's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Qingdao East Steel Tower StockLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002545) | 4.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002545) (up to 3 years) | 6.6% |
Notable Dividend: 002545's dividend (4.2%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002545's dividend (4.2%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.1%), 002545's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40%), 002545's dividend payments are well covered by cash flows.