Zhejiang Huayou Cobalt Dividend
Dividend criteria checks 3/6
Zhejiang Huayou Cobalt is a dividend paying company with a current yield of 3.51% that is well covered by earnings.
Key information
3.5%
Dividend yield
57%
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¥1.68 |
| Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
No updates
Recent updates
The Consensus EPS Estimates For Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Just Fell Dramatically
Apr 29
Zhejiang Huayou Cobalt's (SHSE:603799) Anemic Earnings Might Be Worse Than You Think
Apr 26Zhejiang Huayou Cobalt Co., Ltd's (SHSE:603799) Prospects Need A Boost To Lift Shares
Apr 01Zhejiang Huayou Cobalt (SHSE:603799) Use Of Debt Could Be Considered Risky
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603799 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603799's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Zhejiang Huayou Cobalt Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603799) | 3.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (603799) | 0.9% |
Notable Dividend: 603799's dividend (3.51%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603799's dividend (3.51%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.2%), 603799's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603799 is paying a dividend but the company has no free cash flows.