4 days ago
Moutai Emerges as Dividend Play With Yield Topping AgBank's
Kweichow Moutai Co. 's dividend yield has surpassed Agricultural Bank of China Ltd. 's for the first time, boosting the premium liquor maker's appeal to income investors despite slowing growth.
Moutai's indicated net dividend yield stands at 3.9%, topping the 3.7% on AgBank's Shanghai-listed stock. The yield of China's top distiller has ticked higher on steady payout increases and a persistent share slump.
