Qingdao Topscomm Communication Dividend
Dividend criteria checks 2/6
Qingdao Topscomm Communication is a dividend paying company with a current yield of 1.06%.
Key information
1.1%
Dividend yield
92%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.061 |
| Earnings per share | CN¥0.072 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603421) | 1.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.0% |
| Analyst forecast (603421) (up to 3 years) | n/a |
Notable Dividend: 603421's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603421's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.1%), 603421's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.7%), 603421's dividend payments are thoroughly covered by cash flows.