As of today (2024-06-13), the Trailing Annual Dividend Yield of Jiugui Liquor Co is 2.57%.
Good Sign:
Jiugui Liquor Co Ltd stock dividend yield is close to 10-year high.
The historical rank and industry rank for Jiugui Liquor Co's Dividend Yield % or its related term are showing as below:
SZSE:000799'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.07 Med: 0.54 Max: 2.67
Current: 2.57
During the past 13 years, the highest Dividend Yield of Jiugui Liquor Co was 2.67%. The lowest was 0.07%. And the median was 0.54%.
SZSE:000799's Dividend Yield % is ranked better than 50% of 150
companies
in the Beverages - Alcoholic industry
Industry Median: 2.56
vs SZSE:000799: 2.57
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jiugui Liquor Co Ltd is 1.30, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Jiugui Liquor Co was 1.30. The lowest was 0.15. And the median was 0.25.
During the past 3 years, the average Dividends Per Share Growth Rate was 86.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 69.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiugui Liquor Co was 105.40% per year. The lowest was 22.10% per year. And the median was 67.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Jiugui Liquor Co Dividend Yield % Historical Data
The historical data trend for Jiugui Liquor 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.
Competitive Comparison of Jiugui Liquor Co's Dividend Yield %
For the Beverages - Wineries & Distilleries subindustry, Jiugui Liquor 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.
Jiugui Liquor Co's Dividend Yield % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiugui Liquor Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Jiugui Liquor Co's Dividend Yield % falls into.
Jiugui Liquor Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Jiugui Liquor Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 1.300000
2023-08-11
2023-08-10
2023-08-11
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.
Jiugui Liquor 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.
Jiugui Liquor Co (SZSE:000799) 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.
Thank you for viewing the detailed overview of Jiugui Liquor Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiugui Liquor Co (SZSE:000799) Business Description
Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 29%, 56% and 15% of total sales revenue in 2022. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2022.
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