Zhaojin Mining Indus Dividend yield

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

Zhaojin Mining Indus stock dividend

Zhaojin Mining Indus paid a total dividend of 131 million HKD last year, for a market value of 36,232 millions (Market Cap 11,482 millions). Zhaojin Mining Indus dividend per share is 0.04 HKD, and his stock market price 11.08 HKD.

According to the chart below, where dividend yield is displayed, Zhaojin Mining Indus has a dividend yield of 0.39%, 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 Zhaojin Mining Indus stocks dividend with other Mining companies or other of the highest China dividend stocks list.

Zhaojin Mining Indus Dividend Payout

About the ability of Zhaojin Mining Indus to maintain his current dividend of HKD 0.04 per share, an amount that accounts for 0.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Zhaojin Mining Indus payout on ernings is currently 23.53%, 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 Zhaojin Mining Induscan 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 Zhaojin Mining Indus is HKD 0.00 per share, which is lower than the dividend per share paid by the company of HKD 0.04, so the company does not generate enough cash to maintain his dividend in the future.

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

Zhaojin Mining Indus Dividend History

Below you will find a table with the historical evolution of Zhaojin Mining Indus'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	0.39%	0.04	23.53%	3,270
2022	0.00%	0.00	0.00%	3,270
2021	0.92%	0.06	13.64%	3,270
2020	0.51%	0.05	22.73%	3,270
2019	0.52%	0.04	19.05%	3,221
2018	0.86%	0.07	28.00%	3,221
2017	0.76%	0.05	31.25%	3,221
2016	0.67%	0.05	25.00%	2,966
2015	1.47%	0.06	26.09%	2,966

*In millions

Then you can see the evolution of Zhaojin Mining Indus dividend stock, and compare it with the average of China stocks and that of the Mining stocks.

Zhaojin Mining Indus Stock performance

Finally, last moth Zhaojin Mining Indus showed a return of -1.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 65.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Mining firms.