Zangge Mining Dividends and Buybacks
Dividend criteria checks 3/6
Zangge Mining is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
-0.0003%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 16.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.520 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26
Sep 02
Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80
Apr 17Recent updates
Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings
Nov 02Returns At Zangge Mining (SZSE:000408) Are On The Way Up
Oct 15Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26
Sep 02Insufficient Growth At Zangge Mining Company Limited (SZSE:000408) Hampers Share Price
Jul 31Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)
Jun 05Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return
May 21Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80
Apr 17Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price
Apr 12Rainbows and Unicorns: Zangge Mining Company Limited (SZSE:000408) Analysts Just Became A Lot More Optimistic
Mar 25Zangge Mining Company Limited (SZSE:000408) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers
Mar 22Is Now An Opportune Moment To Examine Zangge Mining Company Limited (SZSE:000408)?
Mar 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000408 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000408's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Zangge Mining Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000408) | 1.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (000408) (up to 3 years) | 4.5% |
Notable Dividend: 000408's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000408's dividend (1.92%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.7%), 000408's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.3%), 000408's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zangge Mining Company Limited is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Mengluan Liu | Guosen Securities Co., Ltd. |
| Helen Liang | Haitong International Research Limited |