Anhui Kouzi Distillery Dividend
Dividend criteria checks 3/6
Anhui Kouzi Distillery is a dividend paying company with a current yield of 3.59% that is well covered by earnings.
Key information
3.6%
Dividend yield
53%
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¥2.97 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
No updates
Stability 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) | 3.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Beverage) | 2.8% |
| Analyst forecast in 3 Years (603589) | 4.8% |
Notable Dividend: 603589's dividend (3.59%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603589's dividend (3.59%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), 603589's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.5%), 603589's dividend payments are not well covered by cash flows.