Qingmu Tec Dividend
Dividend criteria checks 2/6
Qingmu Tec is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
61%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.429 |
Earnings per share | CN¥0.71 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301110 has been paying a dividend for less than 10 years.
Growing Dividend: 301110 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Qingmu Tec Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301110) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Multiline Retail) | 2.5% |
Analyst forecast in 3 Years (301110) | 0% |
Notable Dividend: 301110's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 301110's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), 301110's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301110 is paying a dividend but the company has no free cash flows.