Hite Jinro Dividend yield




   KRW/share 
 Price  30,500.00
 Dividend  799.10
 Earnings  1,182.17
 Cash-flow  8,970.59
 Book value  16,052.63
 Equity  15,762.27

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 paid a total dividend of 55,138 million KRW last year, for a market value of 2,104,500 millions (Market Cap 924,207 millions). Dividend per share of Hite Jinro is 799.10 KRW, and his stock market price 30,500.00 KRW.

According to the chart below, where dividend yield is displayed, Hite Jinro has a dividend yield of 2.62%, lower than the amount offered by both the market average and companies from Korea. 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 Hite Jinro dividend yield with other Beverages companies or firms from Korea.

Dividend yield of Hite Jinro

Hite Jinro Dividend Payout

About the ability of Hite Jinro to maintain his current dividend of KRW 799.10 per share, an amount that accounts for 2.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hite Jinro payout on ernings is currently 67.60%, which is higher than the market average, and companies of Consumer Goods industry, which are 40.22% and 43.16% 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 8,970.59 per share, which is higher than the dividend per share paid by the company of KRW 799.10, so the company generates 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

Year Yield  KRW  Paypout  Shares* 
Present2.62%799.1067.60%69
20212.49%750.7454.03%69
20202.20%700.70-153.56%69
20192.76%800.40167.26%69
20184.82%800.12274.26%69
20173.73%898.93132.79%68
20164.60%1,000.50110.86%69
20154.14%999.81232.67%69

*In millions

Hite Jinro Stock performance

Finally, last moth Hite Jinro showed a return of 0.80% compared to a worldwide -0.44% average, and a -0.72% of Consumer Goods firms. Over the last year, the company obtained a -8.50% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Korea and Beverages firms.

Hite Jinro stock and market return