Qingdao Topscomm Communication Dividend
Dividend criteria checks 3/6
Qingdao Topscomm Communication is a dividend paying company with a current yield of 1.47% that is well covered by earnings.
Key information
1.5%
Dividend yield
47%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.061 |
Earnings per share | CN¥0.13 |
Dividend yield forecast in 3Y | n/a |
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 |
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Segment | Dividend Yield |
---|---|
Company (603421) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Semiconductor) | 1.1% |
Analyst forecast in 3 Years (603421) | n/a |
Notable Dividend: 603421's dividend (1.47%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 603421's dividend (1.47%) is low compared to the top 25% of dividend payers in the CN market (2.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.4%), 603421's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), 603421's dividend payments are well covered by cash flows.