Qingdao Port International Dividends and Buybacks
Dividend criteria checks 4/6
Qingdao Port International is a dividend paying company with a current yield of 5.66% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 12th November, 2024.
Key information
5.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.4% |
| Dividend Growth | 18.4% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | HK$0.317 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6198's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6198's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Qingdao Port International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6198) | 5.7% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Infrastructure) | 6.2% |
| Analyst forecast (6198) (up to 3 years) | 6.4% |
Notable Dividend: 6198's dividend (5.66%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 6198's dividend (5.66%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), 6198's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.6%), 6198's dividend payments are covered by cash flows.