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 3.72% 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
3.7%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 46.1% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | HK$0.178 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Aluminum Corporation of China Limited (HKG:2600) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Oct 31
Subdued Growth No Barrier To Aluminum Corporation of China Limited (HKG:2600) With Shares Advancing 33%
Oct 16We Think Aluminum Corporation of China (HKG:2600) Can Stay On Top Of Its Debt
Oct 01Is Now The Time To Put Aluminum Corporation of China (HKG:2600) On Your Watchlist?
Sep 16Pinning Down Aluminum Corporation of China Limited's (HKG:2600) P/E Is Difficult Right Now
Aug 28Here's Why Aluminum Corporation of China (HKG:2600) Can Manage Its Debt Responsibly
Sep 02Aluminum Corporation of China (HKG:2600) Is Experiencing Growth In Returns On Capital
Jul 25Is Now The Time To Put Aluminum Corporation of China (HKG:2600) On Your Watchlist?
Jun 19Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly
May 31Investors Will Want Aluminum Corporation of China's (HKG:2600) Growth In ROCE To Persist
Apr 09Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly
Mar 02Here's Why I Think Aluminum Corporation of China (HKG:2600) Might Deserve Your Attention Today
Feb 12Aluminum Corporation of China (HKG:2600) Is Doing The Right Things To Multiply Its Share Price
Dec 19Aluminum Corporation of China (HKG:2600) Has A Pretty Healthy Balance Sheet
Dec 02With EPS Growth And More, Aluminum Corporation of China (HKG:2600) Is Interesting
Oct 27Aluminum Corporation of China (HKG:2600) Is Looking To Continue Growing Its Returns On Capital
Sep 16Does Aluminum Corporation of China (HKG:2600) Have A Healthy Balance Sheet?
Aug 06Aluminum Corporation of China's (HKG:2600) Returns On Capital Are Heading Higher
Jun 10Here's Why Aluminum Corporation of China (HKG:2600) Has A Meaningful Debt Burden
May 04Does Aluminum Corporation of China (HKG:2600) Have The Makings Of A Multi-Bagger?
Mar 03Does Aluminum Corporation of China's (HKG:2600) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 13
Is Aluminum Corporation of China (HKG:2600) Using Too Much Debt?
Jan 26What Is The Ownership Structure Like For Aluminum Corporation of China Limited (HKG:2600)?
Jan 08A Look At Aluminum Corporation of China's (HKG:2600) Share Price Returns
Dec 21Calculating The Fair Value Of Aluminum Corporation of China Limited (HKG:2600)
Dec 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2600 has been paying a dividend for less than 10 years.
Growing Dividend: 2600'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 (2600) | 3.7% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Metals and Mining) | 3.5% |
| Analyst forecast (2600) (up to 3 years) | 3.8% |
Notable Dividend: 2600's dividend (3.72%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 2600's dividend (3.72%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), 2600's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), 2600's dividend payments are thoroughly covered by cash flows.