Jiangsu King's Luck Brewery Ltd Dividend
Dividend criteria checks 2/6
Jiangsu King's Luck Brewery is a dividend paying company with a current yield of 1.27% that is well covered by earnings.
Key information
1.3%
Dividend yield
30%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.74 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603369 has been paying a dividend for less than 10 years.
Growing Dividend: 603369's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Jiangsu King's Luck Brewery Ltd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603369) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Beverage) | 2.8% |
Analyst forecast in 3 Years (603369) | 2.3% |
Notable Dividend: 603369's dividend (1.27%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603369's dividend (1.27%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), 603369's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (179.1%), 603369's dividend payments are not well covered by cash flows.