08-31-2023
HKD/share | |
Price | 46.10 |
Dividend | 0.65 |
Earnings | 1.57 |
Cash-flow | 2.56 |
Book value | 9.41 |
Equity | 9.29 |
China Resources Beer is part of General Industrials business, which is part of Industrials industry. China Resources Beer is a company from China, and his stocks are publicly traded.
China Resources Beer stock dividend
China Resources Beer paid a total dividend of 2,109 million HKD last year, for a market value of 149,548 millions (Market Cap 72,520 millions). China Resources Beer dividend per share is 0.65 HKD, and his stock market price 46.10 HKD.
According to the chart below, where dividend yield is displayed, China Resources Beer has a dividend yield of 1.41%, lower than the amount offered by both the market average and companies from China. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare China Resources Beer stocks dividend with other General Industrials companies or other of the best China dividend stocks list.
China Resources Beer Dividend Payout
About the ability of China Resources Beer to maintain his current dividend of HKD 0.65 per share, an amount that accounts for 1.41%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Resources Beer payout on ernings is currently 41.40%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that China Resources Beer 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 China Resources Beer is HKD 2.56 per share, which is higher than the dividend per share paid by the company of HKD 0.65, 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 Resources Beer, compared againt world market average, China companies, Industrials industry and General Industrials sector companies.
China Resources Beer Dividend History
Below you will find a table with the historical evolution of China Resources Beer's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | HKD | Paypout | Shares* |
Present | 1.41% | 0.65 | 41.40% | 3,244 |
2022 | 1.15% | 0.63 | 36.42% | 3,244 |
2021 | 0.74% | 0.47 | 62.67% | 3,244 |
2020 | 0.27% | 0.19 | 0.00% | 3,244 |
2019 | 0.39% | 0.17 | 0.00% | 3,244 |
2018 | 0.68% | 0.19 | 44.19% | 3,244 |
2017 | 0.61% | 0.17 | 0.00% | 3,244 |
2016 | 0.00% | 0.00 | 0.00% | 3,229 |
2015 | 1.06% | 0.16 | 0.00% | 2,421 |
*In millions
Then you can see the evolution of China Resources Beer dividend stock, and compare it with the average of China stocks and that of the General Industrials stocks.
China Resources Beer Stock performance
Finally, last moth China Resources Beer showed a return of -7.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -16.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and General Industrials firms.