Luzhou LaojiaoLtd Dividends and Buybacks
Dividend criteria checks 5/6
Luzhou LaojiaoLtd is a dividend paying company with a current yield of 3.51% that is well covered by earnings.
Key information
3.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥5.400 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Stability 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) | 3.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Beverage) | 2.8% |
| Analyst forecast (000568) (up to 3 years) | 5.0% |
Notable Dividend: 000568's dividend (3.51%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 000568's dividend (3.51%) is in the top 25% of dividend payers in the CN market (2.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.6%), 000568's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62%), 000568's dividend payments are covered by cash flows.