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Tsingtao Brewery Co (SHSE:600600) Forward Dividend Yield %

: 0.00% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Tsingtao Brewery Co is 0.00%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Tsingtao Brewery Co is 0.00%.

SHSE:600600's Forward Dividend Yield % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 2.715
* Ranked among companies with meaningful Forward Dividend Yield % only.

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  (SHSE:600600) 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

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Tsingtao Brewery Co (SHSE:600600) Business Description

Traded in Other Exchanges
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 (SHSE:600600) Headlines

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