Luzhou LaojiaoLtd Dividend
Dividend criteria checks 5/6
Luzhou LaojiaoLtd is a dividend paying company with a current yield of 4.55% that is well covered by earnings.
Key information
4.5%
Dividend yield
56%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥5.400 |
| Earnings per share | CN¥9.58 |
| Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
Recent updates
Luzhou LaojiaoLtd (SZSE:000568) Will Pay A Larger Dividend Than Last Year At CN¥5.4
Aug 19
There Is A Reason Luzhou Laojiao Co.,Ltd's (SZSE:000568) Price Is Undemanding
Jun 27Luzhou LaojiaoLtd (SZSE:000568) Could Easily Take On More Debt
Jun 12Returns on Capital Paint A Bright Future For Luzhou LaojiaoLtd (SZSE:000568)
May 28Is Luzhou Laojiao Co.,Ltd (SZSE:000568) Potentially Undervalued?
Apr 09Luzhou Laojiao Co.,Ltd (SZSE:000568) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 12Luzhou LaojiaoLtd (SZSE:000568) Has A Rock Solid Balance Sheet
Feb 27Stability 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 (000568) | 4.5% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Beverage) | 3.5% |
| Analyst forecast in 3 Years (000568) | 7.2% |
Notable Dividend: 000568's dividend (4.55%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 000568's dividend (4.55%) is in the top 25% of dividend payers in the CN market (2.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.2%), 000568's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66%), 000568's dividend payments are covered by cash flows.