Dazhong Mining Dividends and Buybacks
Dividend criteria checks 3/6
Dazhong Mining is a dividend paying company with a current yield of 2.1% that is well covered by earnings.
Key information
2.1%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | -19.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
Dazhong Mining Co., Ltd.'s (SZSE:001203) Price Is Right But Growth Is Lacking
Nov 18
Capital Allocation Trends At Dazhong Mining (SZSE:001203) Aren't Ideal
Sep 25We Think Inner Mongolia Dazhong Mining (SZSE:001203) Is Taking Some Risk With Its Debt
Jul 17Returns On Capital At Inner Mongolia Dazhong Mining (SZSE:001203) Have Stalled
Jun 26Earnings Working Against Inner Mongolia Dazhong Mining Co., Ltd.'s (SZSE:001203) Share Price
Jun 03Is Inner Mongolia Dazhong Mining (SZSE:001203) Using Too Much Debt?
Apr 17We Think You Should Be Aware Of Some Concerning Factors In Inner Mongolia Dazhong Mining's (SZSE:001203) Earnings
Mar 25Investors Could Be Concerned With Inner Mongolia Dazhong Mining's (SZSE:001203) Returns On Capital
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001203 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 001203 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Dazhong Mining Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001203) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (001203) (up to 3 years) | 3.0% |
Notable Dividend: 001203's dividend (2.1%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 001203's dividend (2.1%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), 001203's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001203 is paying a dividend but the company has no free cash flows.