Hainan Mining Dividend
Dividend criteria checks 2/6
Hainan Mining is a dividend paying company with a current yield of 1.43% that is well covered by earnings.
Key information
1.4%
Dividend yield
29%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601969 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601969 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
Hainan Mining Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601969) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (601969) | n/a |
Notable Dividend: 601969's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 601969's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 601969's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601969 is paying a dividend but the company has no free cash flows.