Shenzhen Zhongjin Lingnan Nonfemet Dividend
Dividend criteria checks 3/6
Shenzhen Zhongjin Lingnan Nonfemet is a dividend paying company with a current yield of 1.37% that is well covered by earnings.
Key information
1.4%
Dividend yield
35%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.056 |
Earnings per share | CN¥0.16 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Shenzhen Zhongjin Lingnan Nonfemet's (SZSE:000060) Dividend Will Be Reduced To CN¥0.056
Jul 05Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) May Have Issues Allocating Its Capital
Jul 01Does Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Have A Healthy Balance Sheet?
Jun 11Investors Continue Waiting On Sidelines For Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (SZSE:000060)
Apr 17Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Is Reinvesting At Lower Rates Of Return
Mar 26Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (000060) | 1.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Metals and Mining) | 2.7% |
Analyst forecast in 3 Years (000060) | 2.4% |
Notable Dividend: 000060's dividend (1.37%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 000060's dividend (1.37%) is low compared to the top 25% of dividend payers in the CN market (2.67%).
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.