Tongling Nonferrous Metals GroupLtd Dividend
Dividend criteria checks 4/6
Tongling Nonferrous Metals GroupLtd is a dividend paying company with a current yield of 2.55% that is well covered by earnings.
Key information
2.5%
Dividend yield
36%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0792 |
| Earnings per share | CN¥0.22 |
| Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000630's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000630's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tongling Nonferrous Metals GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000630) | 2.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast in 3 Years (000630) | 4.3% |
Notable Dividend: 000630's dividend (2.55%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 000630's dividend (2.55%) is low compared to the top 25% of dividend payers in the CN market (2.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), 000630's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.6%), 000630's dividend payments are well covered by cash flows.