China Resources Beer (Holdings) Dividends and Buybacks
Dividend criteria checks 3/6
China Resources Beer (Holdings) is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 21.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.791 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
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) | 3.0% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Beverage) | 3.3% |
| Analyst forecast (291) (up to 3 years) | 4.6% |
Notable Dividend: 291's dividend (3%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 291's dividend (3%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45%), 291's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.3%), 291's dividend payments are covered by cash flows.