Yantai Changyu Pione Dividend yield




   HKD/share 
 Price  11.14
 Dividend  0.49
 Earnings  0.88
 Cash-flow  0.91
 Book value  18.57
 Equity  18.33

Yantai Changyu Pione is part of Beverages business, which is part of Consumer Goods industry. Yantai Changyu Pione is a company from China, and his stocks are publicly traded.

Yantai Changyu Pione paid a total dividend of 114 million HKD last year, for a market value of 2,584 millions (Market Cap 2,326 millions). Dividend per share of Yantai Changyu Pione is 0.49 HKD, and his stock market price 11.14 HKD.

According to the chart below, where dividend yield is displayed, Yantai Changyu Pione has a dividend yield of 4.36%, which is higher than the amount offered by both the market average and companies from China. 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 Yantai Changyu Pione dividend yield with other Beverages companies or firms from China.

Dividend yield of Yantai Changyu Pione

Yantai Changyu Pione Dividend Payout

About the ability of Yantai Changyu Pione to maintain his current dividend of HKD 0.49 per share, an amount that accounts for 4.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Yantai Changyu Pione payout on ernings is currently 55.68%, which is higher than the market average, and companies of Consumer Goods industry, which are 38.25% and 43.24% respectively. Both figures show that Yantai Changyu Pione 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 Yantai Changyu Pione is HKD 0.91 per share, which is higher than the dividend per share paid by the company of HKD 0.49, so the company generates enough cash to maintain his dividend in the future.

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

Yantai Changyu Pione payout

Yantai Changyu Pione Dividend History

Year Yield  HKD  Paypout  Shares* 
Present4.36%0.4955.68%232
20213.50%0.4955.68%232
20204.79%0.7638.19%232
20194.40%0.6839.53%232
20184.16%0.6134.66%232
20172.88%0.5732.57%232
20162.77%0.5934.50%232
20152.37%0.5632.18%232

*In millions

Yantai Changyu Pione Stock performance

Finally, last moth Yantai Changyu Pione showed a return of -14.80% compared to a worldwide 1.12% average, and a -2.67% of Consumer Goods firms. Over the last year, the company obtained a -27.20% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for China and Beverages firms.

Yantai Changyu Pione stock and market return