Hite Jinro Dividend yield

 Price  19,410.00
 Dividend  949.15
 Earnings  1,396.40
 Cash-flow  -1,078.33
 Book value  16,175.00
 Equity  16,237.21

Hite Jinro is part of Beverages business, which is part of Consumer Goods industry. Hite Jinro is a company from Korea, and his stocks are publicly traded.

Hite Jinro stock dividend

Hite Jinro paid a total dividend of 65,491 million KRW last year, for a market value of 1,339,290 millions (Market Cap 588,159 millions). Hite Jinro dividend per share is 949.15 KRW, and his stock market price 19,410.00 KRW.

According to the chart below, where dividend yield is displayed, Hite Jinro has a dividend yield of 4.89%, which is higher than the amount offered by both the market average and companies from Korea. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Hite Jinro stocks dividend with other Beverages companies or other of the highest Korea dividend stocks list.

Dividend yield of Hite Jinro

Hite Jinro Dividend Payout

About the ability of Hite Jinro to maintain his current dividend of KRW 949.15 per share, an amount that accounts for 4.89%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hite Jinro payout on ernings is currently 67.97%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Hite Jinro can have problems to keep with his present dividend yield.

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 Hite Jinro is KRW -1,078.33 per share, which is lower than the dividend per share paid by the company of KRW 949.15, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hite Jinro, compared againt world market average, Korea companies, Consumer Goods industry and Beverages sector companies.

Hite Jinro payout

Hite Jinro Dividend History

Below you will find a table with the historical evolution of Hite Jinro's dividend stock, both in percentage and in KRW, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  KRW  Paypout  Shares* 

*In millions

Then you can see the evolution of Hite Jinro dividend stock, and compare it with the average of Korea stocks and that of the Beverages stocks.

Hite Jinro stock dividend history

Hite Jinro Stock performance

Finally, last moth Hite Jinro showed a return of -4.40% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -36.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Beverages firms.

Hite Jinro stock and market return