Qingdao Citymedia Co Dividend
Dividend criteria checks 4/6
Qingdao Citymedia Co is a dividend paying company with a current yield of 4.33% that is well covered by earnings.
Key information
4.3%
Dividend yield
45%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.270 |
Earnings per share | CN¥0.60 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600229 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600229's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Qingdao Citymedia Co Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600229) | 4.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Media) | 3.0% |
Analyst forecast in 3 Years (600229) | n/a |
Notable Dividend: 600229's dividend (4.33%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600229's dividend (4.33%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.6%), 600229's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.6%), 600229's dividend payments are covered by cash flows.