Hebei Hengshui Laobaigan Liquor Dividend
Dividend criteria checks 5/6
Hebei Hengshui Laobaigan Liquor is a dividend paying company with a current yield of 1.94% that is well covered by earnings.
Key information
1.9%
Dividend yield
55%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Earnings per share | CN¥0.82 |
| Dividend yield forecast | 4.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600559's dividends per share have been stable in the past 10 years.
Growing Dividend: 600559's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hebei Hengshui Laobaigan Liquor Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600559) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Beverage) | 2.8% |
| Analyst forecast (600559) (up to 3 years) | 4.2% |
Notable Dividend: 600559's dividend (1.94%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600559's dividend (1.94%) 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 (55%), 600559's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.4%), 600559's dividend payments are covered by cash flows.