Shede Spirits Dividend
Dividend criteria checks 4/6
Shede Spirits is a dividend paying company with a current yield of 2.96% that is well covered by earnings.
Key information
3.0%
Dividend yield
41%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥5.29 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
No updates
Recent updates
Why 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) | 3.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Beverage) | 2.6% |
Analyst forecast in 3 Years (600702) | 2.6% |
Notable Dividend: 600702's dividend (2.96%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600702's dividend (2.96%) is in the top 25% of dividend payers in the CN market (2.39%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.7%), 600702's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600702 is paying a dividend but the company has no free cash flows.