Huludao Zinc IndustryLtd Dividend
Dividend criteria checks 2/6
Huludao Zinc IndustryLtd is a dividend paying company with a current yield of 2.43% that is well covered by earnings.
Key information
2.4%
Dividend yield
52%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Earnings per share | CN¥0.056 |
| Dividend yield forecast | 2.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 000751's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 000751's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Huludao Zinc IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000751) | 2.4% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast (000751) (up to 3 years) | 2.4% |
Notable Dividend: 000751's dividend (2.43%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 000751's dividend (2.43%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), 000751's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000751 is paying a dividend but the company has no free cash flows.