Shede Spirits Dividends and Buybacks
Dividend criteria checks 4/6
Shede Spirits is a dividend paying company with a current yield of 2.81% that is well covered by earnings.
Key information
2.8%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 33.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.150 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600702's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600702's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shede Spirits Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600702) | 2.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Beverage) | 3.0% |
| Analyst forecast (600702) (up to 3 years) | 1.3% |
Notable Dividend: 600702's dividend (2.81%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600702's dividend (2.81%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.9%), 600702's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600702 is paying a dividend but the company has no free cash flows.