China Mengniu Dairy Dividend yield




   HKD/share 
 Price  50.15
 Dividend  0.32
 Earnings  1.03
 Cash-flow  1.80
 Book value  9.83
 Equity  9.12

China Mengniu Dairy is part of Food Producers business, which is part of Consumer Goods industry. China Mengniu Dairy is a company from Hong-Kong, and his stocks are publicly traded.

China Mengniu Dairy paid a total dividend of 1,263 million HKD last year, for a market value of 197,992 millions (Market Cap 154,170 millions). Dividend per share of China Mengniu Dairy is 0.32 HKD, and his stock market price 50.15 HKD.

According to the chart below, where dividend yield is displayed, China Mengniu Dairy has a dividend yield of 0.64%, lower than the amount offered by both the market average and companies from Hong-Kong. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare China Mengniu Dairy dividend yield with other Food Producers companies or firms from Hong-Kong.

Dividend yield of China Mengniu Dairy

China Mengniu Dairy Dividend Payout

About the ability of China Mengniu Dairy to maintain his current dividend of HKD 0.32 per share, an amount that accounts for 0.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Mengniu Dairy payout on ernings is currently 31.07%, which is lower than the market average and companies of Consumer Goods industry, which are 39.27% and 46.27% respectively. Both figures lead us to believe that there is confidence that China Mengniu Dairycan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Mengniu Dairy is HKD 1.80 per share, which is higher than the dividend per share paid by the company of HKD 0.32, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Mengniu Dairy, compared againt world market average, Hong-Kong companies, Consumer Goods industry and Food Producers sector companies.

China Mengniu Dairy payout

China Mengniu Dairy Dividend History

Year Yield  HKD  Paypout  Shares* 
Present0.64%0.3231.07%3,948
20200.42%0.2016.53%3,936
20190.65%0.2021.28%3,930
20180.56%0.1422.58%3,927
20170.44%0.100.00%3,925
20161.04%0.1722.67%3,916
20151.37%0.1722.37%3,916

*In millions

China Mengniu Dairy Stock performance

Finally, last moth China Mengniu Dairy showed a return of 7.30% compared to a worldwide -1.33% average, and a -1.56% of Consumer Goods firms. Over the last year, the company obtained a 38.20% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Hong-Kong and Food Producers firms.

China Mengniu Dairy stock and market return