Qingdao Gaoce Technology Dividend
Dividend criteria checks 4/6
Qingdao Gaoce Technology is a dividend paying company with a current yield of 3.14% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
3.1%
Dividend yield
36%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 08 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥3.95 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
We Think That There Are Some Issues For Qingdao Gaoce Technology (SHSE:688556) Beyond Its Promising Earnings
Apr 30
Downgrade: Here's How Analysts See Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Performing In The Near Term
Apr 29CN¥42.18: That's What Analysts Think Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Is Worth After Its Latest Results
Mar 30Here's Why Qingdao Gaoce Technology (SHSE:688556) Has Caught The Eye Of Investors
Mar 22Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688556 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688556's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Qingdao Gaoce Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688556) | 3.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast in 3 Years (688556) | 4.8% |
Notable Dividend: 688556's dividend (3.14%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688556's dividend (3.14%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 688556's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.5%), 688556's dividend payments are well covered by cash flows.