Tongling Nonferrous Metals GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Tongling Nonferrous Metals GroupLtd is a dividend paying company with a current yield of 2.43% that is well covered by earnings.
Key information
2.4%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 26.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0792 |
| Payout ratio | 36% |
Recent dividend and buyback 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) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (000630) (up to 3 years) | 4.0% |
Notable Dividend: 000630's dividend (2.43%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000630's dividend (2.43%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), 000630's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000630 is paying a dividend but the company has no free cash flows.