Zhejiang Huayou Cobalt Co.,Ltd

SHSE:603799 Stock Report

Mkt Cap: CN¥104.0b

Zhejiang Huayou CobaltLtd Dividend

What is Zhejiang Huayou CobaltLtd current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend 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
How does 603799 dividend yield compare to the market?
SegmentDividend 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

How stable has Zhejiang Huayou CobaltLtd's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.75
12/31/20230.526
1/22/20230.230.36
4/23/20220.230.33
5/25/20210.150.18
10/28/2020-0
8/28/2020-0
4/15/2020-0
3/27/2020-0
6/3/20190.0590.27
7/2/20180.210.94
10/28/2016-0
8/29/2016-0
4/29/2016-0
3/22/2016-0
5/13/20150.0420.52

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.


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