Qingdao Gaoce Technology is a dividend paying company with a current yield of 3.17% 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
3.2%
Dividend yield
36%
Payout ratio
Industry average yield
1.4%
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
Upcoming 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
How does 688556 dividend yield compare to the market?
Segment
Dividend Yield
Company (688556)
3.2%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.4%
Industry Average (Semiconductor)
1.4%
Analyst forecast in 3 Years (688556)
4.8%
Notable Dividend: 688556's dividend (3.17%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688556's dividend (3.17%) is in the top 25% of dividend payers in the CN market (2.36%)
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.