Qingdao Topscomm Communication Dividends and Buybacks
Dividend criteria checks 3/6
Qingdao Topscomm Communication is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.061 |
| Payout ratio | 85% |
Recent dividend and buyback 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) | 1.0% |
| 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 (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603421's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
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.