JINHUI LIQUORLtd Dividend
Dividend criteria checks 3/6
JINHUI LIQUORLtd is a dividend paying company with a current yield of 1.73% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
1.7%
Dividend yield
53%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.73 |
| Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603919 has been paying a dividend for less than 10 years.
Growing Dividend: 603919's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| JINHUI LIQUORLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603919) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Beverage) | 2.7% |
| Analyst forecast in 3 Years (603919) | 2.8% |
Notable Dividend: 603919's dividend (1.73%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603919's dividend (1.73%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 603919's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.6%), 603919's dividend payments are well covered by cash flows.