Luzhou LaojiaoLtd Dividend
Dividend criteria checks 4/6
Luzhou LaojiaoLtd is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
49%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥8.64 |
Dividend yield forecast in 3Y | 5.1% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000568's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000568's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Luzhou LaojiaoLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (568) | 2.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Beverage) | 2.6% |
Analyst forecast in 3 Years (568) | 5.1% |
Notable Dividend: 000568's dividend (2.27%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 000568's dividend (2.27%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), 000568's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), 000568's dividend payments are covered by cash flows.