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Dividend Yield: 4.5%

Tsingtao Brewery's dividends have been stable and growing over the past decade, although the current yield of 4.45% is below the top quartile in Hong Kong. The payout ratio of 62.6% suggests dividends are covered by earnings, but a high cash payout ratio of 150.9% indicates insufficient free cash flow coverage. Despite a decline in recent sales to CNY 28.96 billion for nine months ending September 2024, net income has increased slightly, supporting dividend reliability amidst operational challenges.

• Click here to discover the nuances of Tsingtao Brewery with our detailed analytical dividend report.

• The analysis detailed in our Tsingtao Brewery valuation report hints at an deflated share price compared to its estimated value.

Raito Kogyo

Simply Wall St Dividend Rating: ★★★★★★

Overview: Raito Kogyo Co., Ltd. operates in the civil engineering sector across Japan, North America, and internationally, with a market cap of ¥99.41 billion.

Operations: Raito Kogyo Co., Ltd. generates revenue through its civil engineering operations both domestically in Japan and on an international scale, including North America.

Dividend Yield: 4.1%

Raito Kogyo's dividends have been stable and growing over the past decade, with a yield of 4.15%, placing it in the top quartile of Japanese dividend payers. The company's payout ratios—40.1% from earnings and 44.2% from cash flows—indicate sustainable dividend coverage. Recent share buybacks totaling ¥4.97 billion suggest strong capital management, enhancing shareholder value alongside reliable dividend payments despite market fluctuations.

• Unlock comprehensive insights into our analysis of Raito Kogyo stock in this dividend report.

• The analysis detailed in our Raito Kogyo valuation report hints at an inflated share price compared to its estimated value.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ENXTPA:MF SEHK:168 and TSE:1926.

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