Tsingtao Brewery Dividend
Dividend criteria checks 5/6
Tsingtao Brewery is a dividend paying company with a current yield of 3.53% that is well covered by earnings.
Key information
3.5%
Dividend yield
62%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥3.23 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600600's dividends per share have been stable in the past 10 years.
Growing Dividend: 600600's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tsingtao Brewery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600600) | 3.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Beverage) | 2.8% |
Analyst forecast in 3 Years (600600) | 4.5% |
Notable Dividend: 600600's dividend (3.53%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600600's dividend (3.53%) is in the top 25% of dividend payers in the CN market (2.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.7%), 600600's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (145.5%), 600600's dividend payments are not well covered by cash flows.