Qingdao Port International Dividend
Dividend criteria checks 3/6
Qingdao Port International is a dividend paying company with a current yield of 5.42% that is well covered by earnings.
Key information
5.4%
Dividend yield
38%
Payout ratio
Industry average yield | 6.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.317 |
Earnings per share | HK$0.77 |
Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6198 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6198'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 |
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Segment | Dividend Yield |
---|---|
Company (6198) | 5.4% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.2% |
Industry Average (Infrastructure) | 6.2% |
Analyst forecast in 3 Years (6198) | 6.1% |
Notable Dividend: 6198's dividend (5.42%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.41%).
High Dividend: 6198's dividend (5.42%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), 6198's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), 6198's dividend payments are covered by cash flows.