Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd.

SZSE:000060 Stock Report

Market Cap: CN¥18.8b

Shenzhen Zhongjin Lingnan Nonfemet Dividend

Dividend criteria checks 3/6

Shenzhen Zhongjin Lingnan Nonfemet is a dividend paying company with a current yield of 1.15% that is well covered by earnings.

Key information

1.1%

Dividend yield

35%

Payout ratio

Industry average yield2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.16
Dividend yield forecast in 3Y2.1%

Recent dividend updates

Recent updates

Investors Continue Waiting On Sidelines For Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (SZSE:000060)

Apr 17
Investors Continue Waiting On Sidelines For Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (SZSE:000060)

Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Is Reinvesting At Lower Rates Of Return

Mar 26
Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Is Reinvesting At Lower Rates Of Return

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 000060's dividend payments have been volatile in the past 10 years.

Growing Dividend: 000060's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shenzhen Zhongjin Lingnan Nonfemet Dividend Yield vs Market
How does 60 dividend yield compare to the market?
SegmentDividend Yield
Company (60)1.1%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Metals and Mining)2.1%
Analyst forecast in 3 Years (60)2.1%

Notable Dividend: 000060's dividend (1.15%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).

High Dividend: 000060's dividend (1.15%) is low compared to the top 25% of dividend payers in the CN market (2.21%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.5%), 000060's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 000060 is paying a dividend but the company has no free cash flows.


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