Zhejiang Guyuelongshan Shaoxing WineLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Guyuelongshan Shaoxing WineLtd is a dividend paying company with a current yield of 1.59% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.6% |
| Dividend Growth | 11.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.140 |
| Payout ratio | 32% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600059's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600059's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Guyuelongshan Shaoxing WineLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600059) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Beverage) | 3.0% |
| Analyst forecast (600059) (up to 3 years) | 0.6% |
Notable Dividend: 600059's dividend (1.59%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600059's dividend (1.59%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), 600059's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (576.4%), 600059's dividend payments are not well covered by cash flows.