Zangge Mining Dividend
Dividend criteria checks 3/6
Zangge Mining is a dividend paying company with a current yield of 5.9% that is well covered by earnings.
Key information
5.9%
Dividend yield
82%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.93 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000408 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000408's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Zangge Mining Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (408) | 5.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (408) | 3.9% |
Notable Dividend: 000408's dividend (5.9%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 000408's dividend (5.9%) is in the top 25% of dividend payers in the CN market (2.23%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.5%), 000408's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (118.2%), 000408's dividend payments are not well covered by cash flows.