Aluminum Corporation of China Dividends and Buybacks
Dividend criteria checks 3/6
Aluminum of China is a dividend paying company with a current yield of 3.59% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
3.6%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 45.5% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | €0.164 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AOC has been paying a dividend for less than 10 years.
Growing Dividend: AOC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Aluminum Corporation of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AOC) | 3.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast (AOC) (up to 3 years) | 3.6% |
Notable Dividend: AOC's dividend (3.59%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: AOC's dividend (3.59%) is low compared to the top 25% of dividend payers in the German market (4.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), AOC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), AOC's dividend payments are thoroughly covered by cash flows.