Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

SHSE:600809 Stock Report

Market Cap: CN¥252.6b

Shanxi Xinghuacun Fen Wine FactoryLtd Dividend

Dividend criteria checks 4/6

Shanxi Xinghuacun Fen Wine FactoryLtd is a dividend paying company with a current yield of 2.09% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 5th July, 2024.

Key information

2.1%

Dividend yield

45%

Payout ratio

Industry average yield3.3%
Next dividend pay date05 Jul 24
Ex dividend date05 Jul 24
Dividend per sharen/a
Earnings per shareCN¥9.74
Dividend yield forecast in 3Y3.7%

Recent dividend updates

Recent updates

Shanxi Xinghuacun Fen Wine FactoryLtd's (SHSE:600809) Upcoming Dividend Will Be Larger Than Last Year's

Jul 01
Shanxi Xinghuacun Fen Wine FactoryLtd's (SHSE:600809) Upcoming Dividend Will Be Larger Than Last Year's

Is Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (SHSE:600809) Trading At A 36% Discount?

Jun 28
Is Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (SHSE:600809) Trading At A 36% Discount?

Is It Too Late To Consider Buying Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (SHSE:600809)?

May 29
Is It Too Late To Consider Buying Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (SHSE:600809)?

Should You Be Adding Shanxi Xinghuacun Fen Wine FactoryLtd (SHSE:600809) To Your Watchlist Today?

May 13
Should You Be Adding Shanxi Xinghuacun Fen Wine FactoryLtd (SHSE:600809) To Your Watchlist Today?

There's Reason For Concern Over Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.'s (SHSE:600809) Price

Apr 01
There's Reason For Concern Over Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.'s (SHSE:600809) Price

Calculating The Fair Value Of Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (SHSE:600809)

Mar 15
Calculating The Fair Value Of Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (SHSE:600809)

Upcoming Dividend Payment

TodayJul 02 2024Ex Dividend DateJul 05 2024Dividend Pay DateJul 05 20240 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600809's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600809's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shanxi Xinghuacun Fen Wine FactoryLtd Dividend Yield vs Market
How does 600809 dividend yield compare to the market?
SegmentDividend Yield
Company (600809)2.1%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.5%
Industry Average (Beverage)3.3%
Analyst forecast in 3 Years (600809)3.7%

Notable Dividend: 600809's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).

High Dividend: 600809's dividend (2.09%) is low compared to the top 25% of dividend payers in the CN market (2.51%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.8%), 600809's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.7%), 600809's dividend payments are covered by cash flows.


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