Jiangsu Yanghe Distillery Dividend
Dividend criteria checks 5/6
Jiangsu Yanghe Distillery is a dividend paying company with a current yield of 5.38% that is well covered by earnings.
Key information
5.4%
Dividend yield
70%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥4.660 |
Earnings per share | CN¥6.71 |
Dividend yield forecast | 6.3% |
Recent dividend updates
Recent updates
Be Wary Of Jiangsu Yanghe Distillery (SZSE:002304) And Its Returns On Capital
Sep 23Benign Growth For Jiangsu Yanghe Distillery Co., Ltd. (SZSE:002304) Underpins Its Share Price
Aug 08Jiangsu Yanghe Distillery (SZSE:002304) Has Announced That It Will Be Increasing Its Dividend To CN¥4.66
Jun 20Is It Time To Consider Buying Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304)?
Jun 12Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (SZSE:002304) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Apr 30Jiangsu Yanghe Brewery Joint-Stock Co., Ltd.'s (SZSE:002304) Low P/E No Reason For Excitement
Mar 20Jiangsu Yanghe Brewery (SZSE:002304) Is Reinvesting To Multiply In Value
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002304's dividends per share have been stable in the past 10 years.
Growing Dividend: 002304's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jiangsu Yanghe Distillery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002304) | 5.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Beverage) | 3.0% |
Analyst forecast (002304) (up to 3 years) | 6.3% |
Notable Dividend: 002304's dividend (5.38%) is higher than the bottom 25% of dividend payers in the CN market (0.61%).
High Dividend: 002304's dividend (5.38%) is in the top 25% of dividend payers in the CN market (2.34%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.5%), 002304's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.2%), 002304's dividend payments are not well covered by cash flows.