China Mengniu Dairy Dividends and Buybacks
Dividend criteria checks 4/6
China Mengniu Dairy is a dividend paying company with a current yield of 3.4% that is well covered by earnings.
Key information
3.4%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 16.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.537 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About China Mengniu Dairy's (HKG:2319) Returns On Capital
Feb 04
There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Price
Jan 14Returns On Capital Signal Tricky Times Ahead For China Mengniu Dairy (HKG:2319)
Oct 28There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Massive 30% Price Jump
Sep 26These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well
Sep 18China Mengniu Dairy Company Limited's (HKG:2319) Business Is Trailing The Market But Its Shares Aren't
Aug 05Here's What To Make Of China Mengniu Dairy's (HKG:2319) Decelerating Rates Of Return
Jul 14Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Apr 30China Mengniu Dairy Company Limited's (HKG:2319) Shares May Have Run Too Fast Too Soon
Mar 26The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence
Mar 06Stability 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) | 3.4% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Food) | 4.7% |
| Analyst forecast (2319) (up to 3 years) | 5.0% |
Notable Dividend: 2319's dividend (3.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.27%).
High Dividend: 2319's dividend (3.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), 2319's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.5%), 2319's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 11:57 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
China Mengniu Dairy Company Limited is covered by 61 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hong Xing Pan | ABCI Securities Company Limited |
| Vineet Kulbandu Sharma | Barclays |
| Y. Chen | BNP Paribas Securities (Asia) |