Qingdao Gon Technology Dividend
Dividend criteria checks 2/6
Qingdao Gon Technology is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
13%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.87 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002768 has been paying a dividend for less than 10 years.
Growing Dividend: 002768's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Qingdao Gon Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2768) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (2768) | 1.2% |
Notable Dividend: 002768's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002768's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.4%), 002768's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002768 is paying a dividend but the company has no free cash flows.