Ningbo Jintian Copper (Group) Dividends and Buybacks
Dividend criteria checks 3/6
Ningbo Jintian Copper (Group) is a dividend paying company with a current yield of 2.07% that is well covered by earnings.
Key information
2.1%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 36.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601609 has been paying a dividend for less than 10 years.
Growing Dividend: 601609's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Ningbo Jintian Copper (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601609) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (601609) (up to 3 years) | 1.9% |
Notable Dividend: 601609's dividend (2.07%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601609's dividend (2.07%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), 601609's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.2%), 601609's dividend payments are well covered by cash flows.