Qingdao Topscomm Communication INC.

SHSE:603421 Stock Report

Market Cap: CN¥3.9b

Qingdao Topscomm Communication Dividends and Buybacks

Dividend criteria checks 3/6

Qingdao Topscomm Communication is a dividend paying company with a current yield of 1.03% that is well covered by earnings.

Key information

1.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.061
Payout ratio85%

Recent dividend and buyback updates

No updates

Recent updates

Qingdao Topscomm Communication INC.'s (SHSE:603421) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Sep 12
Qingdao Topscomm Communication INC.'s (SHSE:603421) Price Is Right But Growth Is Lacking After Shares Rocket 25%

There May Be Some Bright Spots In Qingdao Topscomm Communication's (SHSE:603421) Earnings

Sep 03
There May Be Some Bright Spots In Qingdao Topscomm Communication's (SHSE:603421) Earnings

Qingdao Topscomm Communication INC.'s (SHSE:603421) Shares Climb 30% But Its Business Is Yet to Catch Up

Mar 08
Qingdao Topscomm Communication INC.'s (SHSE:603421) Shares Climb 30% But Its Business Is Yet to Catch Up

There Are Reasons To Feel Uneasy About Qingdao Topscomm Communication's (SHSE:603421) Returns On Capital

Feb 28
There Are Reasons To Feel Uneasy About Qingdao Topscomm Communication's (SHSE:603421) Returns On Capital

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603421 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603421 has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

Qingdao Topscomm Communication Dividend Yield vs Market
How does 603421 dividend yield compare to the market?
SegmentDividend Yield
Company (603421)1.0%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Semiconductor)0.8%
Analyst forecast (603421) (up to 3 years)n/a

Notable Dividend: 603421's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 603421's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.08%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (85.3%), 603421's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.8%), 603421's dividend payments are thoroughly covered by cash flows.


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