Wanguo International Mining Group

SEHK:3939 Stock Report

Mkt Cap: HK$1.5b

Wanguo International Mining Group Dividend

What is Wanguo International Mining Group current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.08%

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.


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