Qinghai Huzhu TianYouDe Highland Barley Spirit Dividend
Dividend criteria checks 3/6
Qinghai Huzhu TianYouDe Highland Barley Spirit is a dividend paying company with a current yield of 1.04% that is well covered by earnings.
Key information
1.0%
Dividend yield
51%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002646's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002646's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Qinghai Huzhu TianYouDe Highland Barley Spirit Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2646) | 1.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Beverage) | 2.7% |
Analyst forecast in 3 Years (2646) | 2.6% |
Notable Dividend: 002646's dividend (1.04%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 002646's dividend (1.04%) 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 (50.9%), 002646's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.3%), 002646's dividend payments are covered by cash flows.