Tsingtao Brewery H Dividend yield




   HKD/share 
 Price  62.30
 Dividend  0.90
 Earnings  3.02
 Cash-flow  5.51
 Book value  20.77
 Equity  19.87

Tsingtao Brewery H is part of Beverages business, which is part of Consumer Goods industry. Tsingtao Brewery H is a company from China, and his stocks are publicly traded.

Tsingtao Brewery H paid a total dividend of 590 million HKD last year, for a market value of 40,807 millions (Market Cap 33,830 millions). Dividend per share of Tsingtao Brewery H is 0.90 HKD, and his stock market price 62.30 HKD.

According to the chart below, where dividend yield is displayed, Tsingtao Brewery H has a dividend yield of 1.44%, lower than the amount offered by both the market average and companies from China. 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 Tsingtao Brewery H dividend yield with other Beverages companies or firms from China.

Dividend yield of Tsingtao Brewery H

Tsingtao Brewery H Dividend Payout

About the ability of Tsingtao Brewery H to maintain his current dividend of HKD 0.90 per share, an amount that accounts for 1.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tsingtao Brewery H payout on ernings is currently 29.80%, which is lower than the market average and companies of Consumer Goods industry, which are 38.25% and 43.24% respectively. Both figures lead us to believe that there is confidence that Tsingtao Brewery Hcan 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 Tsingtao Brewery H is HKD 5.51 per share, which is higher than the dividend per share paid by the company of HKD 0.90, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tsingtao Brewery H, compared againt world market average, China companies, Consumer Goods industry and Beverages sector companies.

Tsingtao Brewery H payout

Tsingtao Brewery H Dividend History

Year Yield  HKD  Paypout  Shares* 
Present1.44%0.9029.80%655
20211.23%0.9041.28%655
20200.73%0.5932.60%655
20191.03%0.5439.42%655
20181.52%0.4838.10%655
20170.99%0.4035.40%655
20161.50%0.4627.38%655
20151.57%0.5526.70%655

*In millions

Tsingtao Brewery H Stock performance

Finally, last moth Tsingtao Brewery H showed a return of -16.90% compared to a worldwide 1.12% average, and a -2.67% of Consumer Goods firms. Over the last year, the company obtained a -9.60% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for China and Beverages firms.

Tsingtao Brewery H stock and market return