Qingdao Port International Dividend
Dividend criteria checks 4/6
Qingdao Port International is a dividend paying company with a current yield of 5.71% that is well covered by earnings.
Key information
5.7%
Dividend yield
38%
Payout ratio
Industry average yield | 6.3% |
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 | 6.5% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (6198) | 5.7% |
Market Bottom 25% (HK) | 3.3% |
Market Top 25% (HK) | 8.1% |
Industry Average (Infrastructure) | 6.3% |
Analyst forecast (6198) (up to 3 years) | 6.5% |
Notable Dividend: 6198's dividend (5.71%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.32%).
High Dividend: 6198's dividend (5.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.5%), 6198's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.7%), 6198's dividend payments are covered by cash flows.