Qingdao East Steel Tower StockLtd Dividend
Dividend criteria checks 5/6
Qingdao East Steel Tower StockLtd is a dividend paying company with a current yield of 5.47% that is well covered by earnings.
Key information
5.5%
Dividend yield
82%
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¥0.50 |
Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (2545) | 5.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Metals and Mining) | 2.1% |
Analyst forecast in 3 Years (2545) | 7.9% |
Notable Dividend: 002545's dividend (5.47%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002545's dividend (5.47%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.4%), 002545's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.8%), 002545's dividend payments are covered by cash flows.