Qingdao Yunlu Advanced Materials Technology Dividend
Dividend criteria checks 3/6
Qingdao Yunlu Advanced Materials Technology is a dividend paying company with a current yield of 0.72% that is well covered by earnings. Next payment date is on 14th October, 2024 with an ex-dividend date of 14th October, 2024.
Key information
0.7%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 14 Oct 24 |
| Ex dividend date | 14 Oct 24 |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥2.79 |
| Dividend yield forecast | 0.7% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688190 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688190's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Qingdao Yunlu Advanced Materials Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688190) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (688190) (up to 3 years) | 0.7% |
Notable Dividend: 688190's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 688190's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), 688190's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.5%), 688190's dividend payments are well covered by cash flows.