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 1.25% that is well covered by earnings.
Key information
1.2%
Dividend yield
51%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.130 |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | 3.2% |
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 (002646) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Beverage) | 3.4% |
Analyst forecast in 3 Years (002646) | 3.2% |
Notable Dividend: 002646's dividend (1.25%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 002646's dividend (1.25%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
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.