Shede Spirits CoSHSE:600702 +2.42%78 Dividend Yield % is 0.86% as of Jun. 29, 2026, which is 169% above its 10-year median of 0.32. GuruFocus rates SHSE:600702 with a GF Score™ of 78/100 and a GF Value™ of ¥50.37 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 148 Beverages - Alcoholic companies, Shede Spirits Co ranks worse than 90.54% on this metric.
As of today (2026-06-29), the Trailing Annual Dividend Yield of Shede Spirits Co is 0.86%.
The historical rank and industry rank for Shede Spirits Co's Dividend Yield % or its related term are showing as below:
SHSE:600702'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.04 Med: 0.32 Max: 5.3
Current: 0.86
During the past 13 years, the highest Dividend Yield of Shede Spirits Co was 5.30%. The lowest was 0.04%. And the median was 0.32%.
SHSE:600702's Dividend Yield % is ranked worse than 90.54% of 148
companies
in the Beverages - Alcoholic industry
Industry Median: 3.47
vs SHSE:600702: 0.86
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shede Spirits Co Ltd is 0.94, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Shede Spirits Co was 1.76. The lowest was 0.04. And the median was 0.14.
During the past 12 months, Shede Spirits Co's average Dividends Per Share Growth Rate was -80.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -18.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 36.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 61.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shede Spirits Co was 117.60% per year. The lowest was -68.80% per year. And the median was 40.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Shede Spirits Co (SHSE:600702) 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.
The historical data trend for Shede Spirits Co's Dividend Yield % 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.
For the Beverages - Wineries & Distilleries subindustry, Shede Spirits Co's Dividend Yield %, along with its competitors' market caps and 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.
Shede Spirits Co Dividend Yield % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Shede Spirits Co's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Shede Spirits Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.310000
2026-05-27
2026-05-26
2026-05-27
Cash Dividend
annually
CNY:CNY 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.
Shede Spirits Co's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Shede Spirits Co (SHSE:600702) has a Dividend Yield % of 0.86% as of Jun. 29, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Shede Spirits Co and its competitors. This is 169% above median its historical median of 0.32. Over the past decade, Shede Spirits Co's Dividend Yield % has ranged from 0.04 to 5.30. According to the industry distribution chart, Shede Spirits Co ranks #134 out of 148 companies in the Beverages - Alcoholic industry, placing it in the top 90.5%.
Is Shede Spirits Co's Dividend Yield % too high?
Shede Spirits Co's current Dividend Yield % of 0.86% is 169% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 5.30. The Beverages - Alcoholic industry median Dividend Yield % is 3.47. Shede Spirits Co's value of 0.86% is 75.2% below this industry median. Based on the distribution chart, Shede Spirits Co ranks #134 out of 148 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Shede Spirits Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Dividend Yield % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #134 out of 148 companies for Dividend Yield %. This places Shede Spirits Co in the lower half of its industry. The industry median Dividend Yield % is 3.47. Shede Spirits Co's value of 0.86% is 75.2% below this benchmark. Historically, Shede Spirits Co's own Dividend Yield % has ranged from 0.04 to 5.30 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 3.47, Shede Spirits Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Beverages - Alcoholic company?
The median Dividend Yield % among Beverages - Alcoholic companies is 3.47, based on 148 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shede Spirits Co's current Dividend Yield % of 0.86% is 75.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Shede Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median Dividend Yield % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shede Spirits Co's current Dividend Yield % is 0.86%, which is 169% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.37, compared to a current price of ¥35.96 — trading 28.6% below its estimated fair value. The current Dividend Yield % is 0.86%, which is 169% above median its 10-year median of 0.32 and 75.2% below the Beverages - Alcoholic industry median of 3.47. Shede Spirits Co's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Shede Spirits Co (SHSE:600702), the current Dividend Yield % is 0.86% as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shede Spirits Co (SHSE:600702) Overvalued in 2026?
Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued.
The current stock price of ¥35.96 is trading 28.6% below its estimated GF Value™ of ¥50.37.
GuruFocus considers Shede Spirits Co to be Modestly Undervalued.
Key valuation signals for SHSE:600702:
Dividend Yield %: 0.86% (169% above median its 10-year median of 0.32)
GF Value™: ¥50.37 vs. price of ¥35.96 (28.6% below fair value)
Industry Position: 75.2% below the Beverages - Alcoholic median (#134 of 148)
No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
78GF Score
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Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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