Quectel Wireless Solutions Dividend
Dividend criteria checks 2/6
Quectel Wireless Solutions is a dividend paying company with a current yield of 1.71%.
Key information
1.7%
Dividend yield
109%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.64 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603236 has been paying a dividend for less than 10 years.
Growing Dividend: 603236's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Quectel Wireless Solutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603236) | 1.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (603236) | 2.3% |
Notable Dividend: 603236's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 603236's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.8%), 603236's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.6%), 603236's dividend payments are covered by cash flows.