Qilu Expressway Dividend
Dividend criteria checks 2/6
Qilu Expressway is a dividend paying company with a current yield of 7.68% that is well covered by earnings. Next payment date is on 30th August, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
7.7%
Dividend yield
57%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | 30 Aug 24 |
| Ex dividend date | 02 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.26 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think That There Are More Issues For Qilu Expressway (HKG:1576) Than Just Sluggish Earnings
Apr 29
Does Qilu Expressway (HKG:1576) Have A Healthy Balance Sheet?
Nov 17Qilu Expressway (HKG:1576) Will Pay A Dividend Of HK$0.21
Jun 30Here's Why We Think Qilu Expressway (HKG:1576) Is Well Worth Watching
Mar 02Qilu Expressway (HKG:1576) Is Increasing Its Dividend To HK$0.22
Jun 27Returns On Capital At Qilu Expressway (HKG:1576) Have Stalled
May 16These 4 Measures Indicate That Qilu Expressway (HKG:1576) Is Using Debt Reasonably Well
Apr 25A Look At The Intrinsic Value Of Qilu Expressway Company Limited (HKG:1576)
Mar 22Update: Qilu Expressway (HKG:1576) Stock Gained 29% In The Last Year
Mar 01What Type Of Shareholders Make Up Qilu Expressway Company Limited's (HKG:1576) Share Registry?
Feb 05The Returns At Qilu Expressway (HKG:1576) Provide Us With Signs Of What's To Come
Jan 12Qilu Expressway (HKG:1576) Has A Rock Solid Balance Sheet
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1576 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1576's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Qilu Expressway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1576) | 7.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Infrastructure) | 6.6% |
| Analyst forecast in 3 Years (1576) | n/a |
Notable Dividend: 1576's dividend (7.68%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1576's dividend (7.68%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), 1576's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1576 is paying a dividend but the company has no free cash flows.