GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (OTCPK:TSGTY) » Definitions » Forward Dividend Yield %

Tsingtao Brewery Co (Tsingtao Brewery Co) Forward Dividend Yield %

: 3.85% (As of Today)
View and export this data going back to 1996. Start your Free Trial

As of today (2024-04-19), the Forward Annual Dividend Yield of Tsingtao Brewery Co is 3.85%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Tsingtao Brewery Co is 3.85%.

TSGTY's Forward Dividend Yield % is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 2.715 vs TSGTY: 3.85

Tsingtao Brewery Co's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Tsingtao Brewery Co's average Dividends Per Share Growth Rate was -100.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tsingtao Brewery Co was 35.70% per year. The lowest was -10.10% per year. And the median was 13.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Beverages - Brewers subindustry, Tsingtao Brewery Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tsingtao Brewery Co Forward Dividend Yield % Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's Forward Dividend Yield % falls into.



Tsingtao Brewery Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tsingtao Brewery Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.2642023-06-232023-06-262023-08-18Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tsingtao Brewery Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.264/32.81
=3.85 %

Current Share Price is $32.81.
Tsingtao Brewery Co's Dividends per Share for the forward twelve months is calculated as $1.264 * 1 = $1.264.

Tsingtao Brewery Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.264/32.81
=3.85 %

Current Share Price is $32.81.
Tsingtao Brewery Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.264.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tsingtao Brewery Co  (OTCPK:TSGTY) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tsingtao Brewery Co Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Tsingtao Brewery Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsingtao Brewery Co (Tsingtao Brewery Co) Business Description

Address
No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.

Tsingtao Brewery Co (Tsingtao Brewery Co) Headlines