China Mengniu Dairy Dividend
Dividend criteria checks 2/6
China Mengniu Dairy is a dividend paying company with a current yield of 3.34% that is well covered by earnings. Next payment date is on 26th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
3.3%
Dividend yield
40%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 26 Jun 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.22 |
| Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
China Mengniu Dairy Company Limited's (HKG:2319) Shares May Have Run Too Fast Too Soon
Mar 26
The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence
Mar 06An Intrinsic Calculation For China Mengniu Dairy Company Limited (HKG:2319) Suggests It's 46% Undervalued
Jan 10China Mengniu Dairy Company Limited's (HKG:2319) Earnings Haven't Escaped The Attention Of Investors
Dec 26Investors Could Be Concerned With China Mengniu Dairy's (HKG:2319) Returns On Capital
Oct 31Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Sep 21China Mengniu Dairy Company Limited's (HKG:2319) Intrinsic Value Is Potentially 52% Above Its Share Price
Aug 07China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends
Jul 22Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 22% Discount?
May 07China Mengniu Dairy (HKG:2319) Will Be Hoping To Turn Its Returns On Capital Around
Apr 23China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger
Jan 21Is There An Opportunity With China Mengniu Dairy Company Limited's (HKG:2319) 42% Undervaluation?
Dec 29China Mengniu Dairy (HKG:2319) Has A Pretty Healthy Balance Sheet
Nov 29Returns At China Mengniu Dairy (HKG:2319) Appear To Be Weighed Down
Oct 14Are Investors Undervaluing China Mengniu Dairy Company Limited (HKG:2319) By 34%?
Sep 29Is China Mengniu Dairy (HKG:2319) A Risky Investment?
Aug 30China Mengniu Dairy (HKG:2319) Is Doing The Right Things To Multiply Its Share Price
Jun 30China Mengniu Dairy Company Limited (HKG:2319) Shares Could Be 45% Below Their Intrinsic Value Estimate
May 30These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well
Apr 02Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 21% Discount?
Feb 21China Mengniu Dairy (HKG:2319) Seems To Use Debt Quite Sensibly
Dec 11China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger
Nov 26Is China Mengniu Dairy (HKG:2319) A Risky Investment?
Sep 09China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends
Aug 22A Look At The Intrinsic Value Of China Mengniu Dairy Company Limited (HKG:2319)
Aug 03The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence
May 23Does This Valuation Of China Mengniu Dairy Company Limited (HKG:2319) Imply Investors Are Overpaying?
May 04Does China Mengniu Dairy (HKG:2319) Have A Healthy Balance Sheet?
Apr 19Will China Mengniu Dairy (HKG:2319) Multiply In Value Going Forward?
Feb 17Are Robust Financials Driving The Recent Rally In China Mengniu Dairy Company Limited's (HKG:2319) Stock?
Jan 30We're Not Counting On China Mengniu Dairy (HKG:2319) To Sustain Its Statutory Profitability
Jan 12Is China Mengniu Dairy's (HKG:2319) Share Price Gain Of 254% Well Earned?
Dec 25Could The China Mengniu Dairy Company Limited (HKG:2319) Ownership Structure Tell Us Something Useful?
Dec 13
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2319's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2319's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Mengniu Dairy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2319) | 3.3% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Food) | 5.2% |
| Analyst forecast in 3 Years (2319) | 5.2% |
Notable Dividend: 2319's dividend (3.34%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 2319's dividend (3.34%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), 2319's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 2319's cash payout ratio to determine if its dividend payments are covered by cash flows.