Qingdao Gaoce Technology Dividends and Buybacks
Dividend criteria checks 3/6
Qingdao Gaoce Technology is a dividend paying company with a current yield of 5.98% that is well covered by earnings.
Key information
6.0%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 60.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.760 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
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) | 6.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (688556) (up to 3 years) | 2.3% |
Notable Dividend: 688556's dividend (5.98%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688556's dividend (5.98%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.4%), 688556's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688556 is paying a dividend but the company has no free cash flows.