Zhejiang Huayou CobaltLtd Dividend
What is Zhejiang Huayou CobaltLtd current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.36%
Current Dividend Yield
Dividend Yield vs Market
| Zhejiang Huayou CobaltLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603799) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 1.9% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast in 3 Years (603799) | 0.9% |
Notable Dividend: 603799's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 603799's dividend (0.36%) is low compared to the top 25% of dividend payers in the CN market (1.95%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.7 | 5 |
| 12/31/2023 | 0.52 | 6 |
| 1/22/2023 | 0.23 | 0.36 |
| 4/23/2022 | 0.23 | 0.33 |
| 5/25/2021 | 0.15 | 0.18 |
| 10/28/2020 | - | 0 |
| 8/28/2020 | - | 0 |
| 4/15/2020 | - | 0 |
| 3/27/2020 | - | 0 |
| 6/3/2019 | 0.059 | 0.27 |
| 7/2/2018 | 0.21 | 0.94 |
| 10/28/2016 | - | 0 |
| 8/29/2016 | - | 0 |
| 4/29/2016 | - | 0 |
| 3/22/2016 | - | 0 |
| 5/13/2015 | 0.042 | 0.52 |
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 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8%), 603799's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603799 is paying a dividend but the company has no free cash flows.