Lyon: China Resources Beverage (02460.HK) announces dividend plan to increase shareholder returns and reaffirms "outperform the market" rating.

According to the Wisdom Financial APP, Lyon released a research report stating that China Resources Beverage (02460.HK) has announced a voluntary dividend plan, expecting to pay an annual total dividend of not less than 0.37 RMB per share in each of the fiscal years 2026 to 2028. Lyon has set a target price of 10.7 Hong Kong dollars for China Resources Beverage, based on a forecasted future 12-month price-to-earnings ratio of 18 times, due to its fast growth prospects, reaffirming the "outperform the market" rating for China Resources Beverage.