Zhengzhou Coal Mining Machinery Group Dividend
Dividend criteria checks 4/6
Zhengzhou Coal Mining Machinery Group is a dividend paying company with a current yield of 5.28% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 19th June, 2024.
Key information
5.3%
Dividend yield
42%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 15 Jul 24 |
| Ex dividend date | 19 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.98 |
| Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
These 4 Measures Indicate That Zhengzhou Coal Mining Machinery Group (HKG:564) Is Using Debt Reasonably Well
May 26
At HK$7.94, Is It Time To Put Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) On Your Watch List?
May 07Zhengzhou Coal Mining Machinery Group (HKG:564) Is Looking To Continue Growing Its Returns On Capital
Mar 16A Look At The Intrinsic Value Of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564)
Feb 08We Think Zhengzhou Coal Mining Machinery Group (HKG:564) Can Stay On Top Of Its Debt
Jan 26Here's Why I Think Zhengzhou Coal Mining Machinery Group (HKG:564) Might Deserve Your Attention Today
Jan 10There's Been No Shortage Of Growth Recently For Zhengzhou Coal Mining Machinery Group's (HKG:564) Returns On Capital
Dec 11Estimating The Intrinsic Value Of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564)
Nov 04Should You Think About Buying Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Now?
Oct 22Here's Why Zhengzhou Coal Mining Machinery Group (HKG:564) Can Manage Its Debt Responsibly
Oct 07Zhengzhou Coal Mining Machinery Group (HKG:564) Is Doing The Right Things To Multiply Its Share Price
Aug 30Here's Why I Think Zhengzhou Coal Mining Machinery Group (HKG:564) Might Deserve Your Attention Today
Jul 12Zhengzhou Coal Mining Machinery Group (HKG:564) Seems To Use Debt Quite Sensibly
Jun 24Zhengzhou Coal Mining Machinery Group (HKG:564) Is Looking To Continue Growing Its Returns On Capital
May 18Does Zhengzhou Coal Mining Machinery Group (HKG:564) Deserve A Spot On Your Watchlist?
Apr 07Estimating The Fair Value Of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564)
Mar 25Is Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) An Attractive Dividend Stock?
Mar 15What Type Of Shareholders Own The Most Number of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Shares?
Mar 02Will Zhengzhou Coal Mining Machinery Group's (HKG:564) Growth In ROCE Persist?
Feb 15Are Zhengzhou Coal Mining Machinery Group's (HKG:564) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 31Do Its Financials Have Any Role To Play In Driving Zhengzhou Coal Mining Machinery Group Company Limited's (HKG:564) Stock Up Recently?
Jan 18
At HK$9.90, Is Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Worth Looking At Closely?
Jan 06Zhengzhou Coal Mining Machinery Group (HKG:564) Has Gifted Shareholders With A Fantastic 214% Total Return On Their Investment
Dec 25How Does Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Fare As A Dividend Stock?
Dec 14We Think Zhengzhou Coal Mining Machinery Group (HKG:564) Can Stay On Top Of Its Debt
Dec 01Does Zhengzhou Coal Mining Machinery Group's (HKG:564) CEO Salary Compare Well With The Performance Of The Company?
Nov 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 564's dividend payments have been volatile in the past 10 years.
Growing Dividend: 564's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhengzhou Coal Mining Machinery Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (564) | 5.3% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.7% |
| Industry Average (Machinery) | 3.2% |
| Analyst forecast in 3 Years (564) | 5.2% |
Notable Dividend: 564's dividend (5.28%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.21%).
High Dividend: 564's dividend (5.28%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42%), 564's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.6%), 564's dividend payments are covered by cash flows.