Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) Dividend Yield % : 2.79% (As of Apr. 27, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Kuaijishan Shaoxing Rice Wine Co Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Kuaijishan Shaoxing Rice Wine Co is 2.79%.

The historical rank and industry rank for Kuaijishan Shaoxing Rice Wine Co's Dividend Yield % or its related term are showing as below:

SHSE:601579' s Dividend Yield % Range Over the Past 10 Years
Min: 0.27 Med: 1.07 Max: 3.44
Current: 2.79

During the past 13 years, the highest Dividend Yield of Kuaijishan Shaoxing Rice Wine Co was 3.44%. The lowest was 0.27%. And the median was 1.07%.

SHSE:601579's Dividend Yield % is ranked better than
51.68% of 149 companies
in the Beverages - Alcoholic industry
Industry Median: 2.74 vs SHSE:601579: 2.79

Kuaijishan Shaoxing Rice Wine Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kuaijishan Shaoxing Rice Wine Co Ltd is 0.80, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Kuaijishan Shaoxing Rice Wine Co was 0.94. The lowest was 0.18. And the median was 0.38.

As of today (2024-04-27), the Forward Dividend Yield % of Kuaijishan Shaoxing Rice Wine Co is 2.79%.

Kuaijishan Shaoxing Rice Wine Co's Dividends per Share for the three months ended in Dec. 2023 was ¥0.00.

During the past 12 months, Kuaijishan Shaoxing Rice Wine Co's average Dividends Per Share Growth Rate was 66.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kuaijishan Shaoxing Rice Wine Co was 17.80% per year. The lowest was -23.10% per year. And the median was -2.65% per year.

The growth rate is calculated with least square regression.

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

Kuaijishan Shaoxing Rice Wine Co Dividend Yield % Historical Data

The historical data trend for Kuaijishan Shaoxing Rice Wine 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.

* Premium members only.

Kuaijishan Shaoxing Rice Wine Co Dividend Yield % Chart

Kuaijishan Shaoxing Rice Wine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

1.29

0.44

1.33

2.79

Kuaijishan Shaoxing Rice Wine Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															1.33	1.44	2.54	2.63	2.79

Competitive Comparison of Kuaijishan Shaoxing Rice Wine Co's Dividend Yield %

For the Beverages - Wineries & Distilleries subindustry, Kuaijishan Shaoxing Rice Wine 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.

Kuaijishan Shaoxing Rice Wine Co's Dividend Yield % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kuaijishan Shaoxing Rice Wine Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Kuaijishan Shaoxing Rice Wine Co's Dividend Yield % falls into.

Kuaijishan Shaoxing Rice Wine Co Dividend Yield % Calculation

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

Kuaijishan Shaoxing Rice Wine Co Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
CNY 0.300	2023-05-19	2023-05-18	2023-05-19	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.

Kuaijishan Shaoxing Rice Wine Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.3	/	10.77
	=	2.79 %

Current Share Price is ¥10.77.
Kuaijishan Shaoxing Rice Wine Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

Kuaijishan Shaoxing Rice Wine Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.3	/	10.77
	=	2.79 %

Current Share Price is ¥10.77.
Kuaijishan Shaoxing Rice Wine Co's Dividends per Share for the forward twelve months is calculated as ¥0.3 * 1 = ¥0.3.

Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) 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.

Kuaijishan Shaoxing Rice Wine Co Dividend Yield % Related Terms

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

Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kuaijishan Shaoxing Rice Wine Co Ltd (SHSE:601579) » Definitions » Dividend Yield %

Traded in Other Exchanges

N/A

Address

No. 1053, Jianhu Road, Keqiao District, Zhejiang, Shaoxing, CHN

Website

http://www.kuaijishanwine.com/

Kuaijishan Shaoxing Rice Wine Co Ltd produces and sells rice wine in China. The company provides its products under the brand name of Huijishan. It distributes its products within domestic market and to overseas markets, including Japan, Singapore, Hong Kong, Macau, and others.

Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) Headlines

No Headlines