Anhui Kouzi Distillery Dividends and Buybacks
Dividend criteria checks 3/6
Anhui Kouzi Distillery is a dividend paying company with a current yield of 3.77% that is well covered by earnings.
Key information
3.8%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 13.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
The Returns On Capital At Anhui Kouzi Distillery (SHSE:603589) Don't Inspire Confidence
Nov 20
Anhui Kouzi Distillery Co., Ltd.'s (SHSE:603589) Shares Bounce 32% But Its Business Still Trails The Market
Oct 01Anhui Kouzi Distillery (SHSE:603589) Could Be Struggling To Allocate Capital
Aug 14Improved Earnings Required Before Anhui Kouzi Distillery Co., Ltd. (SHSE:603589) Shares Find Their Feet
Jun 12Capital Allocation Trends At Anhui Kouzi Distillery (SHSE:603589) Aren't Ideal
Apr 13Anhui Kouzi Distillery Co., Ltd.'s (SHSE:603589) Low P/E No Reason For Excitement
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603589 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603589's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Anhui Kouzi Distillery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603589) | 3.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Beverage) | 3.1% |
| Analyst forecast (603589) (up to 3 years) | 4.9% |
Notable Dividend: 603589's dividend (3.77%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603589's dividend (3.77%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 603589's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (142.4%), 603589's dividend payments are not well covered by cash flows.