Fujian Minfa Aluminium Dividend
Dividend criteria checks 1/6
Fujian Minfa Aluminium is a dividend paying company with a current yield of 1.5%.
Key information
1.5%
Dividend yield
138%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.028 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Returns On Capital At Fujian Minfa Aluminium (SZSE:002578) Paint A Concerning Picture
May 28
We Think That There Are More Issues For Fujian Minfa Aluminium (SZSE:002578) Than Just Sluggish Earnings
Apr 15Fujian Minfa Aluminium Inc.'s (SZSE:002578) Shares Climb 30% But Its Business Is Yet to Catch Up
Mar 15Returns On Capital At Fujian Minfa Aluminium (SZSE:002578) Have Stalled
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002578 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002578 has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| Fujian Minfa Aluminium Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2578) | 1.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast in 3 Years (2578) | n/a |
Notable Dividend: 002578's dividend (1.5%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 002578's dividend (1.5%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (138.1%), 002578's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002578 is paying a dividend but the company has no free cash flows.