Tianshan Aluminum GroupLtd Dividend
Dividend criteria checks 3/6
Tianshan Aluminum GroupLtd is a dividend paying company with a current yield of 1.84% that is well covered by earnings.
Key information
1.8%
Dividend yield
21%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Earnings per share | CN¥0.70 |
| Dividend yield forecast | 5.2% |
Recent dividend updates
Recent updates
Tianshan Aluminum Group Co.,Ltd (SZSE:002532) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Sep 30
Earnings Working Against Tianshan Aluminum Group Co.,Ltd's (SZSE:002532) Share Price
Jul 12Is There An Opportunity With Tianshan Aluminum Group Co.,Ltd's (SZSE:002532) 44% Undervaluation?
Jun 17Be Wary Of Tianshan Aluminum GroupLtd (SZSE:002532) And Its Returns On Capital
May 29Is Tianshan Aluminum GroupLtd (SZSE:002532) A Risky Investment?
May 12Further Upside For Tianshan Aluminum Group Co.,Ltd (SZSE:002532) Shares Could Introduce Price Risks After 25% Bounce
Apr 03Estimating The Intrinsic Value Of Tianshan Aluminum Group Co.,Ltd (SZSE:002532)
Mar 18Tianshan Aluminum GroupLtd (SZSE:002532) Is Reinvesting At Lower Rates Of Return
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002532 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002532 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Tianshan Aluminum GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002532) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002532) (up to 3 years) | 5.2% |
Notable Dividend: 002532's dividend (1.84%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002532's dividend (1.84%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), 002532's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.6%), 002532's dividend payments are well covered by cash flows.