Jiangsu King's Luck Brewery Ltd Dividends and Buybacks
Dividend criteria checks 5/6
Jiangsu King's Luck Brewery is a dividend paying company with a current yield of 2.25% that is well covered by earnings.
Key information
2.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 11.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 35% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603369's dividends per share have been stable in the past 10 years.
Growing Dividend: 603369's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangsu King's Luck Brewery Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603369) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Beverage) | 3.1% |
| Analyst forecast (603369) (up to 3 years) | 3.2% |
Notable Dividend: 603369's dividend (2.25%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603369's dividend (2.25%) 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 (34.8%), 603369's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103%), 603369's dividend payments are not well covered by cash flows.