Qingdao Port International is a dividend paying company with a current yield of 6.16% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 11th June, 2024.
Key information
6.2%
Dividend yield
38%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
31 Jul 24
Ex dividend date
11 Jun 24
Dividend per share
n/a
Earnings per share
€0.77
Dividend yield forecast in 3Y
6.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0QP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0QP's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Qingdao Port International Dividend Yield vs Market
How does 0QP dividend yield compare to the market?
Segment
Dividend Yield
Company (0QP)
6.2%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Infrastructure)
3.8%
Analyst forecast in 3 Years (0QP)
6.9%
Notable Dividend: 0QP's dividend (6.16%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 0QP's dividend (6.16%) is in the top 25% of dividend payers in the German market (4.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), 0QP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), 0QP's dividend payments are covered by cash flows.