Jinduicheng Molybdenum Dividend
Dividend criteria checks 5/6
Jinduicheng Molybdenum is a dividend paying company with a current yield of 3.55% that is well covered by earnings.
Key information
3.5%
Dividend yield
45%
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¥0.90 |
Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601958's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601958's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jinduicheng Molybdenum Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601958) | 3.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (601958) | 4.4% |
Notable Dividend: 601958's dividend (3.55%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 601958's dividend (3.55%) is in the top 25% of dividend payers in the CN market (2.28%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.5%), 601958's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.3%), 601958's dividend payments are well covered by cash flows.