Sinomine Resource Group Dividend
Dividend criteria checks 3/6
Sinomine Resource Group is a dividend paying company with a current yield of 3.01% that is well covered by earnings.
Key information
3.0%
Dividend yield
61%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Earnings per share | CN¥1.63 |
| Dividend yield forecast | 2.2% |
Recent dividend updates
Recent updates
Investors Will Want Sinomine Resource Group's (SZSE:002738) Growth In ROCE To Persist
Sep 25
We Think Sinomine Resource Group (SZSE:002738) Can Stay On Top Of Its Debt
Jul 17Sinomine Resource Group Co., Ltd.'s (SZSE:002738) Low P/E No Reason For Excitement
Jul 01Sinomine Resource Group Co., Ltd. (SZSE:002738) Shares Could Be 27% Above Their Intrinsic Value Estimate
Jun 11Sinomine Resource Group (SZSE:002738) Will Pay A Dividend Of CN¥1.00
May 27These Analysts Just Made A Downgrade To Their Sinomine Resource Group Co., Ltd. (SZSE:002738) EPS Forecasts
May 01Investors Should Be Encouraged By Sinomine Resource Group's (SZSE:002738) Returns On Capital
Apr 23Should You Be Adding Sinomine Resource Group (SZSE:002738) To Your Watchlist Today?
Apr 06Sinomine Resource Group Co., Ltd.'s (SZSE:002738) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Mar 04Sinomine Resource Group (SZSE:002738) Seems To Use Debt Rather Sparingly
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002738 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002738's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Sinomine Resource Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002738) | 3.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast (002738) (up to 3 years) | 2.2% |
Notable Dividend: 002738's dividend (3.01%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002738's dividend (3.01%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.2%), 002738's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002738 is paying a dividend but the company has no free cash flows.