Huaibei Mining HoldingsLtd Dividend
Dividend criteria checks 4/6
Huaibei Mining HoldingsLtd is a dividend paying company with a current yield of 5.2% that is well covered by earnings.
Key information
5.2%
Dividend yield
43%
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¥2.12 |
Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600985 has been paying a dividend for less than 10 years.
Growing Dividend: 600985's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Huaibei Mining HoldingsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600985) | 5.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (600985) | 6.6% |
Notable Dividend: 600985's dividend (5.2%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600985's dividend (5.2%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), 600985's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.3%), 600985's dividend payments are covered by cash flows.