Jiugui Liquor Dividend
Dividend criteria checks 2/6
Jiugui Liquor is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
59%
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¥1.69 |
| Dividend yield forecast in 3Y | 4.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000799 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000799's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Jiugui Liquor Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (799) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Beverage) | 2.8% |
| Analyst forecast in 3 Years (799) | 4.0% |
Notable Dividend: 000799's dividend (1.96%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000799's dividend (1.96%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.3%), 000799's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000799 is paying a dividend but the company has no free cash flows.