Bright Dairy & FoodLtd Dividends and Buybacks
Dividend criteria checks 5/6
Bright Dairy & FoodLtd is a dividend paying company with a current yield of 2.58% that is well covered by earnings.
Key information
2.6%
Dividend yield
0.007%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 41% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600597's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600597's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bright Dairy & FoodLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600597) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (600597) (up to 3 years) | 1.7% |
Notable Dividend: 600597's dividend (2.58%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600597's dividend (2.58%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.1%), 600597's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.8%), 600597's dividend payments are covered by cash flows.