Tsingtao Brewery Dividend
Dividend criteria checks 4/6
Tsingtao Brewery is a dividend paying company with a current yield of 3.5% that is well covered by earnings.
Key information
3.5%
Dividend yield
62%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$3.23 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 168's dividends per share have been stable in the past 10 years.
Growing Dividend: 168's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tsingtao Brewery Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (168) | 3.5% |
Market Bottom 25% (HK) | 3.1% |
Market Top 25% (HK) | 7.5% |
Industry Average (Beverage) | 2.3% |
Analyst forecast in 3 Years (168) | 4.5% |
Notable Dividend: 168's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.11%).
High Dividend: 168's dividend (3.5%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.7%), 168's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (145.5%), 168's dividend payments are not well covered by cash flows.