Shenghe Resources Holding Dividend
Dividend criteria checks 2/6
Shenghe Resources Holding is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
66%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.15 |
| Dividend yield forecast in 3Y | 1.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600392 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600392 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenghe Resources Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600392) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (600392) | 1.0% |
Notable Dividend: 600392's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 600392's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.8%), 600392's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600392 is paying a dividend but the company has no free cash flows.