Shandong Gold Mining Dividend yield

Shandong Gold Mining is part of Mining business, which is part of Basic Materials industry. Shandong Gold Mining is a company from China, and his stocks are publicly traded.

Shandong Gold Mining stock dividend

Shandong Gold Mining paid a total dividend of 69 million HKD last year, for a market value of 13,624 millions (Market Cap 10,663 millions). Shandong Gold Mining dividend per share is 0.08 HKD, and his stock market price 15.86 HKD.

According to the chart below, where dividend yield is displayed, Shandong Gold Mining has a dividend yield of 0.49%, lower than the amount offered by both the market average and companies from China. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Shandong Gold Mining stocks dividend with other Mining companies or other of the high China dividend stocks list.

Shandong Gold Mining Dividend Payout

About the ability of Shandong Gold Mining to maintain his current dividend of HKD 0.08 per share, an amount that accounts for 0.49%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shandong Gold Mining payout on ernings is currently 25.81%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Shandong Gold Miningcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Shandong Gold Mining is HKD 0.33 per share, which is higher than the dividend per share paid by the company of HKD 0.08, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shandong Gold Mining, compared againt world market average, China companies, Basic Materials industry and Mining sector companies.

Shandong Gold Mining Dividend History

Below you will find a table with the historical evolution of Shandong Gold Mining's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	0.49%	0.08	25.81%	859
2022	0.41%	0.06	0.00%	859
2021	0.46%	0.06	8.70%	859
2020	0.47%	0.08	16.67%	700
2019	0.43%	0.08	16.33%	500

*In millions

Shandong Gold Mining Stock performance

Finally, last moth Shandong Gold Mining showed a return of 2.10% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 18.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Mining firms.