Wanguo International Mining Group Dividend
What is Wanguo International Mining Group current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3939's dividend (6.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.95%).
High Dividend: 3939's dividend (6.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.53%).
Stability and Growth of Payments
Stable Dividend: 3939 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3939's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), 3939's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3939 is paying a dividend but the company has no free cash flows.