Yantai Changyu Pioneer Wine Dividend
Dividend criteria checks 3/6
Yantai Changyu Pioneer Wine is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
83%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.500 |
Earnings per share | CN¥0.60 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Investors Could Be Concerned With Yantai Changyu Pioneer Wine's (SZSE:000869) Returns On Capital
Jul 24Yantai Changyu Pioneer Wine's (SZSE:000869) Dividend Will Be Increased To CN¥0.5042
Jun 12Some Confidence Is Lacking In Yantai Changyu Pioneer Wine Company Limited's (SZSE:000869) P/E
Jun 10We Think That There Are Issues Underlying Yantai Changyu Pioneer Wine's (SZSE:000869) Earnings
Apr 24These Return Metrics Don't Make Yantai Changyu Pioneer Wine (SZSE:000869) Look Too Strong
Apr 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000869's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000869's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Yantai Changyu Pioneer Wine Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (000869) | 2.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Beverage) | 3.4% |
Analyst forecast in 3 Years (000869) | 3.2% |
Notable Dividend: 000869's dividend (2.3%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 000869's dividend (2.3%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.6%), 000869's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.1%), 000869's dividend payments are covered by cash flows.