YANGYUAN(SH:603156) Zheng Quan Shi Bao Wang·2025-04-25 12:45Core Viewpoint - Yangyuan Beverage announced a cash dividend plan for the fiscal year 2024, proposing a distribution of 13.6 yuan per 10 shares, totaling approximately 1.714 billion yuan, which represents 99.53% of its net profit, with a dividend yield of 6.00% based on the average trading price for the year [2]. Company Financial Performance - For the fiscal year 2024, Yangyuan Beverage reported total revenue of 6.058 billion yuan, a year-on-year decrease of 1.69%, while net profit reached 1.722 billion yuan, reflecting a year-on-year increase of 17.35% [2]. - The basic earnings per share (EPS) for the company is 1.3636 yuan [2]. Dividend History - The company has a history of dividend distributions since its listing, with the following details: - 2024: 10 shares dividend of 13.6 yuan (total 1.714 billion yuan, yield 6.00%) - 2023: 10 shares dividend of 16 yuan (total 2.023 billion yuan, yield 6.76%) - 2022: 10 shares dividend of 18 yuan (total 2.278 billion yuan, yield 8.04%) - 2021: 10 shares dividend of 20 yuan (total 2.531 billion yuan, yield 6.85%) - 2020: 10 shares dividend of 12 yuan (total 1.519 billion yuan, yield 4.68%) - 2019: 10 shares dividend of 20 yuan with a 2-for-10 bonus share (total 2.109 billion yuan, yield 5.30%) - 2018: 10 shares dividend of 30 yuan with a 4-for-10 bonus share (total 2.260 billion yuan, yield 4.32%) - 2017: 10 shares dividend of 26 yuan with a 4-for-10 bonus share (total 1.399 billion yuan) [2]. Industry Comparison - In the food and beverage sector, Yangyuan Beverage's cash dividend of 1.714 billion yuan ranks among the top distributions, with Kweichow Moutai leading at 34.671 billion yuan, followed by Haitian Flavoring and Qingdao Beer at 4.773 billion yuan and 3.001 billion yuan respectively [4][5]. - The cash dividend payout ratio for Yangyuan Beverage is notably high at 99.53%, indicating a strong commitment to returning profits to shareholders [5].