Shede Spirits Dividends and Buybacks
Dividend criteria checks 4/6
Shede Spirits is a dividend paying company with a current yield of 3.16% that is well covered by earnings.
Key information
3.2%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 34.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.150 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
Shede Spirits (SHSE:600702) Has A Somewhat Strained Balance Sheet
Dec 23
Here's What To Make Of Shede Spirits' (SHSE:600702) Decelerating Rates Of Return
Nov 20Why Shede Spirits' (SHSE:600702) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04Is Now The Time To Look At Buying Shede Spirits Co., Ltd. (SHSE:600702)?
Oct 28Improved Earnings Required Before Shede Spirits Co., Ltd. (SHSE:600702) Stock's 25% Jump Looks Justified
Oct 28These 4 Measures Indicate That Shede Spirits (SHSE:600702) Is Using Debt Reasonably Well
Sep 23Shede Spirits Co., Ltd. (SHSE:600702) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Sep 09Shede Spirits Co., Ltd. (SHSE:600702) Shares Could Be 50% Below Their Intrinsic Value Estimate
Sep 06There Is A Reason Shede Spirits Co., Ltd.'s (SHSE:600702) Price Is Undemanding
Jul 15Is It Too Late To Consider Buying Shede Spirits Co., Ltd. (SHSE:600702)?
Jun 23Here's Why Shede Spirits (SHSE:600702) Can Manage Its Debt Responsibly
May 26Why We Like The Returns At Shede Spirits (SHSE:600702)
Apr 22Shede Spirits Co., Ltd.'s (SHSE:600702) Shares Lagging The Market But So Is The Business
Apr 09We Think That There Are Some Issues For Shede Spirits (SHSE:600702) Beyond Its Promising Earnings
Mar 26Analysts Have Lowered Expectations For Shede Spirits Co., Ltd. (SHSE:600702) After Its Latest Results
Mar 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600702's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600702's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shede Spirits Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600702) | 3.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Beverage) | 3.1% |
| Analyst forecast (600702) (up to 3 years) | 1.5% |
Notable Dividend: 600702's dividend (3.16%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600702's dividend (3.16%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.9%), 600702's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600702 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:58 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shede Spirits Co., Ltd. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ran Liu | Central China Securities Co., Ltd. |
| Liang Long | Chasing Securities |
| Laizhen Liu | China Galaxy Securities Co., Ltd. |