China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Dividend Payout Ratio : 4.77 (As of Dec. 2023)

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What is China Resources Beer (Holdings) Co Dividend Payout Ratio?

China Resources Beer (Holdings) Co's dividend payout ratio for the months ended in Dec. 2023 was 4.77.

The historical rank and industry rank for China Resources Beer (Holdings) Co's Dividend Payout Ratio or its related term are showing as below:

CRHKY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.43 Max: 0.59
Current: 0.35

During the past 13 years, the highest Dividend Payout Ratio of China Resources Beer (Holdings) Co was 0.59. The lowest was 0.27. And the median was 0.43.

CRHKY's Dividend Payout Ratio is ranked better than
66.94% of 121 companies
in the Beverages - Alcoholic industry
Industry Median: 0.47 vs CRHKY: 0.35

As of today (2024-04-25), the Dividend Yield % of China Resources Beer (Holdings) Co is 1.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of China Resources Beer (Holdings) Co was 2.16%. The lowest was 0.24%. And the median was 0.91%.

China Resources Beer (Holdings) Co's Dividends per Share for the months ended in Dec. 2023 was $0.08.

During the past 12 months, China Resources Beer (Holdings) Co's average Dividends Per Share Growth Rate was -10.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 53.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Resources Beer (Holdings) Co was 53.00% per year. The lowest was -31.40% per year. And the median was 6.20% per year.

The growth rate is calculated with least square regression.

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

China Resources Beer (Holdings) Co Dividend Payout Ratio Historical Data

The historical data trend for China Resources Beer (Holdings) Co's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

China Resources Beer (Holdings) Co Dividend Payout Ratio Chart

China Resources Beer (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.41

0.27

0.40

0.43

0.40

China Resources Beer (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															3.61	0.27	1.77	0.21	4.77

Competitive Comparison of China Resources Beer (Holdings) Co's Dividend Payout Ratio

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

China Resources Beer (Holdings) Co's Dividend Payout Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's Dividend Payout Ratio falls into.

China Resources Beer (Holdings) Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

China Resources Beer (Holdings) Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.167	/	0.414
	=	0.40

China Resources Beer (Holdings) Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.081	/	0.017
	=	4.76

China Resources Beer (Holdings) Co (OTCPK:CRHKY) Dividend Payout Ratio Explanation

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.

China Resources Beer (Holdings) Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of China Resources Beer (Holdings) Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Resources Beer (Holdings) Co Ltd (OTCPK:CRHKY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

00291:Hong Kong CHK:Germany

Address

No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crbeer.com.hk

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Headlines

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