Zangge Mining Dividends and Buybacks
Dividend criteria checks 3/6
Zangge Mining is a dividend paying company with a current yield of 1.77% that is well covered by earnings.
Key information
1.8%
Dividend yield
-0.0003%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 16.7% |
| 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) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (000408) (up to 3 years) | 4.2% |
Notable Dividend: 000408's dividend (1.77%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000408's dividend (1.77%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
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.