Anhui Kouzi Distillery Dividend
Dividend criteria checks 3/6
Anhui Kouzi Distillery is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
51%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.500 |
Earnings per share | CN¥2.96 |
Dividend yield forecast in 3Y | 6.0% |
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) | 4.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Beverage) | 3.5% |
Analyst forecast in 3 Years (603589) | 6.0% |
Notable Dividend: 603589's dividend (4%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 603589's dividend (4%) is in the top 25% of dividend payers in the CN market (2.58%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), 603589's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (116%), 603589's dividend payments are not well covered by cash flows.