China Resources Beer (Holdings) Dividend
Dividend criteria checks 3/6
China Resources Beer (Holdings) is a dividend paying company with a current yield of 2.67% that is well covered by earnings. Next payment date is on 23rd October, 2024 with an ex-dividend date of 3rd September, 2024.
Key information
2.7%
Dividend yield
45%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 23 Oct 24 |
| Ex dividend date | 03 Sep 24 |
| Dividend per share | CN¥0.727 |
| Earnings per share | CN¥1.61 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 80291's dividend payments have been volatile in the past 10 years.
Growing Dividend: 80291'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 (80291) | 2.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Beverage) | 3.3% |
| Analyst forecast (80291) (up to 3 years) | 4.0% |
Notable Dividend: 80291's dividend (2.67%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.21%).
High Dividend: 80291's dividend (2.67%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45%), 80291's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.3%), 80291's dividend payments are covered by cash flows.