China Resources Beer (Holdings) Company Limited

SEHK:291 Stock Report

Market Cap: HK$86.8b

China Resources Beer (Holdings) Dividends and Buybacks

Dividend criteria checks 4/6

China Resources Beer (Holdings) is a dividend paying company with a current yield of 3.13% that is well covered by earnings. Next payment date is on 4th July, 2025 with an ex-dividend date of 22nd May, 2025.

Key information

3.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield5.0%
Dividend Growth18.8%
Next dividend pay date04 Jul 25
Ex dividend date22 May 25
Dividend per sharen/a
Payout ratio52%

Recent dividend and buyback updates

China Resources Beer (Holdings) (HKG:291) Is Due To Pay A Dividend Of CN¥0.407

Aug 21
China Resources Beer (Holdings) (HKG:291) Is Due To Pay A Dividend Of CN¥0.407

Recent updates

Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 40% Discount?

Apr 22
Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 40% Discount?

We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

Apr 07
We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

The Returns At China Resources Beer (Holdings) (HKG:291) Aren't Growing

Feb 25
The Returns At China Resources Beer (Holdings) (HKG:291) Aren't Growing

Risks To Shareholder Returns Are Elevated At These Prices For China Resources Beer (Holdings) Company Limited (HKG:291)

Jan 10
Risks To Shareholder Returns Are Elevated At These Prices For China Resources Beer (Holdings) Company Limited (HKG:291)

Is China Resources Beer (Holdings) (HKG:291) A Risky Investment?

Dec 20
Is China Resources Beer (Holdings) (HKG:291) A Risky Investment?

Returns On Capital At China Resources Beer (Holdings) (HKG:291) Have Hit The Brakes

Nov 14
Returns On Capital At China Resources Beer (Holdings) (HKG:291) Have Hit The Brakes

What China Resources Beer (Holdings) Company Limited's (HKG:291) 31% Share Price Gain Is Not Telling You

Oct 09
What China Resources Beer (Holdings) Company Limited's (HKG:291) 31% Share Price Gain Is Not Telling You

An Intrinsic Calculation For China Resources Beer (Holdings) Company Limited (HKG:291) Suggests It's 47% Undervalued

Sep 30
An Intrinsic Calculation For China Resources Beer (Holdings) Company Limited (HKG:291) Suggests It's 47% Undervalued

Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts

Sep 12
Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts

We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

Sep 09
We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

China Resources Beer (Holdings) (HKG:291) Is Due To Pay A Dividend Of CN¥0.407

Aug 21
China Resources Beer (Holdings) (HKG:291) Is Due To Pay A Dividend Of CN¥0.407

China Resources Beer (Holdings) Company Limited's (HKG:291) Share Price Not Quite Adding Up

Jul 11
China Resources Beer (Holdings) Company Limited's (HKG:291) Share Price Not Quite Adding Up

The Returns At China Resources Beer (Holdings) (HKG:291) Aren't Growing

Jun 21
The Returns At China Resources Beer (Holdings) (HKG:291) Aren't Growing

Upcoming Dividend Payment

TodayMay 13 2025Ex Dividend DateMay 22 2025Dividend Pay DateJul 04 202543 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

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
How does 291 dividend yield compare to the market?
SegmentDividend Yield
Company (291)3.1%
Market Bottom 25% (HK)3.0%
Market Top 25% (HK)7.7%
Industry Average (Beverage)3.0%
Analyst forecast (291) (up to 3 years)5.0%

Notable Dividend: 291's dividend (3.13%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.98%).

High Dividend: 291's dividend (3.13%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.68%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52%), 291's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61%), 291's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/13 17:21
End of Day Share Price 2025/05/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Resources Beer (Holdings) Company Limited is covered by 70 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vineet Kulbandu SharmaBarclays
Y. ChenBNP Paribas Securities (Asia)
Chen LuoBofA Global Research