China Resources Beer (Holdings) Dividend
Dividend criteria checks 2/6
China Resources Beer (Holdings) is a dividend paying company with a current yield of 1.92% that is well covered by earnings. Next payment date is on 4th July, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
1.9%
Dividend yield
40%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 04 Jul 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.59 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 25% Discount?
Apr 08
Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 21Returns At China Resources Beer (Holdings) (HKG:291) Appear To Be Weighed Down
Mar 04China Resources Beer (Holdings) Company Limited's (HKG:291) Price Is Out Of Tune With Earnings
Jan 29China Resources Beer (Holdings) (HKG:291) Has A Rock Solid Balance Sheet
Dec 20China Resources Beer (Holdings) (HKG:291) Hasn't Managed To Accelerate Its Returns
Nov 20China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 30% Below Their Intrinsic Value Estimate
Oct 20Does China Resources Beer (Holdings) (HKG:291) Have A Healthy Balance Sheet?
Sep 18Estimating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)
Jul 09Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?
Jun 06China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price
May 06Estimating The Fair Value Of China Resources Beer (Holdings) Company Limited (HKG:291)
Mar 17China Resources Beer (Holdings) (HKG:291) Is Experiencing Growth In Returns On Capital
Jan 13Calculating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)
Dec 12China Resources Beer (Holdings) (HKG:291) Seems To Use Debt Rather Sparingly
Nov 27Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)
Oct 12China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 28% Below Their Intrinsic Value Estimate
Sep 11Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?
Aug 26China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price
Jul 14China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 35% Below Their Intrinsic Value Estimate
May 29Returns At China Resources Beer (Holdings) (HKG:291) Are On The Way Up
Apr 06China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 48% Below Their Intrinsic Value Estimate
Feb 05Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)
Dec 19If You Like EPS Growth Then Check Out China Resources Beer (Holdings) (HKG:291) Before It's Too Late
Nov 19China Resources Beer (Holdings) (HKG:291) Shareholders Will Want The ROCE Trajectory To Continue
Sep 18Is China Resources Beer (Holdings) Company Limited (HKG:291) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 31China Resources Beer (Holdings)'s (HKG:291) Returns On Capital Are Heading Higher
Jun 01Is Now The Time To Put China Resources Beer (Holdings) (HKG:291) On Your Watchlist?
May 11Have Insiders Been Buying China Resources Beer (Holdings) Company Limited (HKG:291) Shares?
Mar 15Is China Resources Beer (Holdings) Company Limited (HKG:291) Worth HK$61.8 Based On Its Intrinsic Value?
Feb 25Does China Resources Beer (Holdings) (HKG:291) Have The Makings Of A Multi-Bagger?
Feb 10Does China Resources Beer (Holdings) (HKG:291) Deserve A Spot On Your Watchlist?
Jan 26What Type Of Shareholders Make Up China Resources Beer (Holdings) Company Limited's (HKG:291) Share Registry?
Jan 12
China Resources Beer (Holdings) (HKG:291) Has Rewarded Shareholders With An Exceptional 387% Total Return On Their Investment
Dec 28How Much Is China Resources Beer (Holdings) Company Limited (HKG:291) CEO Getting Paid?
Dec 15Is There More To The Story Than China Resources Beer (Holdings)'s (HKG:291) Earnings Growth?
Dec 02China Resources Beer (Holdings) Company Limited's (HKG:291) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 291's dividend payments have been volatile in the past 10 years.
Growing Dividend: 291's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Resources Beer (Holdings) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (291) | 1.9% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Beverage) | 2.4% |
| Analyst forecast in 3 Years (291) | 3.3% |
Notable Dividend: 291's dividend (1.92%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 291's dividend (1.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), 291's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 291's cash payout ratio to determine if its dividend payments are covered by cash flows.