> 数据图表你知道1.3?2024-6-11.3稳健的业绩增长+股息率收益，白酒板块及部分大众品个股安全边际较高图表：2020-2023年，白酒分红率与股息率表现总体稳定证券名称营业收入（亿元）同比变动23Q123Q223Q323Q424Q123Q123Q223Q323Q424Q1贵州茅台387.56308.20336.92444.25457.7620.00% 21.72% 14.04% 20.26% 18.11%五粮液311.39143.68170.30207.36348.3313.03% 5.07% 16.99% 14.00% 11.86%泸州老窖76.1069.8373.5082.9191.8820.57% 30.46% 25.41% 9.10% 20.74%山西汾酒126.8263.2977.3351.84153.3820.44% 31.75% 13.55% 27.38% 20.94%舍得酒业20.2115.0817.1718.3621.057.28% 32.10% 7.86% 27.58% 4.18%酒鬼酒水井坊9.658.535.776.736.016.874.94-42.87% -32.02% -36.66% 21.72% -48.80%20.6213.659.33-39.69% 2.22% 21.48% 51.32% 9.38%洋河股份150.4668.2784.1028.43162.5515.51% 16.06% 11.03% -21.51% 8.03%今世缘38.0221.6723.9417.3546.7127.26% 30.64% 28.04% 26.76% 22.84%古井贡酒65.8447.2646.4343.0182.8624.83% 26.78% 23.39% 8.92% 25.85%迎驾贡酒19.1612.2716.6119.1623.2521.60% 28.62% 21.89% 18.80% 21.33%口子窖金徽酒15.9213.2115.3315.1617.6821.35% 34.03% 4.67% 10.42% 11.05%8.936.304.965.2910.7626.61% 21.05% 47.84% 17.35% 20.41%老白干酒10.0312.2916.1414.1211.3010.43% 9.99% 12.87% 17.85% 12.67%证券名称归母净利润（亿元）同比变动23Q123Q223Q323Q424Q123Q123Q223Q323Q424Q1贵州茅台207.95151.86168.96218.58240.6520.59% 21.01% 15.68% 19.33% 15.73%五粮液125.4244.9557.9673.78140.4515.89% 5.11% 18.52% 10.09% 11.98%泸州老窖37.1333.7834.7626.8045.7429.10% 27.16% 29.43% 24.78% 23.20%山西汾酒48.1919.4826.6410.0762.6229.89% 49.57% 27.12% 1.96% 29.95%舍得酒业酒鬼酒水井坊5.693.001.593.501.220.433.750.578.204.760.692.465.507.34% 14.83% 3.01%-1.91% -3.37%0.73-42.38% -38.19% -77.65% -10.05% -75.56%1.86-56.02% 508.87% 19.61% 53.17% 16.82%洋河股份57.6620.9623.41-1.8860.5515.66% 9.86%7.46% -161.29% 5.02%今世缘12.557.955.86古井贡酒15.7012.1010.33迎驾贡酒口子窖金徽酒老白干酒7.005.361.821.023.643.120.731.155.915.010.182.015.007.776.333.730.562.4815.3325.20% 29.13% 26.38% 18.75% 22.12%20.6642.87% 47.52% 46.78% 49.20% 31.61%9.135.892.2127.17% 59.04% 39.48% 26.03% 30.43%10.37% 22.78% 8.36%6.95% 10.02%10.41% 53.74% 884.79% -15.44% 21.58%1.36-61.51% 18.50% 17.87% 42.21% 33.04%证券研究报告资料来源：同花顺iFinD，民生证券研究院（股价截至20240607）9* 请务必阅读最后一页免责声明股价时间 2024/6/7证券代码 证券名称 当前市值（亿元）60051900085860080900056800230400059660336960319860070260358960077900079960055900086060391960019960019700264660060060013200072900256800246100086960005960157960061660377960057320340.1 5525.1 2896.6 2446.1 1374.2 1128.7 648.8 518.3 234.7 245.2 212.4 163.7 199.0 133.1 100.4 87.3 93.0 53.8 895.0 343.1 273.7 211.1 178.8 128.2 75.6 51.7 34.1 30.1 23.9贵州茅台五粮液山西汾酒泸州老窖洋河股份古井贡酒今世缘迎驾贡酒舍得酒业口子窖水井坊酒鬼酒老白干酒顺鑫农业金徽酒金种子酒伊力特天佑德酒青岛啤酒重庆啤酒燕京啤酒百润股份珠江啤酒张裕A古越龙山会稽山金枫酒业威龙股份惠泉啤酒白酒非白酒股息率=年度分红总额/年末市值（注：2023列数据根据近12个月每股分红以及2024年6月7日收盘价计算）2020走势图1.0%0.9%0.1%0.9%1.3%0.6%0.8%2.0%0.5%1.7%1.4%0.4%0.5%0.1%0.6%0.0%1.4%0.0%0.8%0.0%0.3%1.1%1.1%0.9%0.3%0.4%0.3%0.0%0.3%20211.1%1.4%0.6%1.3%1.8%0.9%1.1%1.3%0.4%2.1%0.6%0.6%0.5%0.1%0.6%0.0%1.5%0.2%1.1%1.3%0.5%0.8%1.3%1.4%0.7%1.6%0.4%0.0%0.4%20222.8%2.1%1.2%1.9%2.3%1.1%1.4%1.8%0.9%2.6%0.9%0.9%1.1%0.0%1.1%0.0%1.7%0.4%1.7%2.0%0.8%0.0%1.5%1.5%0.8%2.1%0.4%0.0%0.5%20232.6%2.7%1.4%2.5%4.1%1.2%1.4%3.7%5.2%3.7%1.7%2.6%1.4%0.0%2.0%0.0%2.1%0.5%2.3%3.7%0.8%2.5%3.0%1.9%1.7%1.9%0.6%0.0%0.5%走势图分红率=年度分红总额/归母净利润202052%50%17%50%60%41%36%59%14%56%80%46%43%18%37%0%56%0%46%0%31%90%45%58%30%8%164%0%31%202152%50%41%60%60%51%36%52%21%52%30%47%35%18%34%0%62%37%48%83%49%101%43%62%36%30%-0%31%202296%55%50%60%60%50%36%52%30%58%30%40%39%0%54%0%117%38%66%100%64%0%44%72%36%99%388%0%31%202384%60%51%60%70%52%40%45%40%52%35%59%62%0%60%0%54%70%64%101%44%64%44%65%32%59%32%0%31%民生证券大消费
