Zijin Mining Group H Dividend yield

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

Zijin Mining Group H stock dividend

Zijin Mining Group H paid a total dividend of 1,205 million HKD last year, for a market value of 70,795 millions (Market Cap 70,794 millions). Zijin Mining Group H dividend per share is 0.21 HKD, and his stock market price 12.34 HKD.

According to the chart below, where dividend yield is displayed, Zijin Mining Group H has a dividend yield of 1.74%, 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 Zijin Mining Group H stocks dividend with other Mining companies or other of the highest China dividend stocks list.

Zijin Mining Group H Dividend Payout

About the ability of Zijin Mining Group H to maintain his current dividend of HKD 0.21 per share, an amount that accounts for 1.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Zijin Mining Group H payout on ernings is currently 22.58%, 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 Zijin Mining Group Hcan 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 Zijin Mining Group H is HKD 0.96 per share, which is higher than the dividend per share paid by the company of HKD 0.21, so the company generates enough cash to maintain his dividend in the future.

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

Zijin Mining Group H Dividend History

Below you will find a table with the historical evolution of Zijin Mining Group H'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	1.74%	0.21	22.58%	5,737
2022	2.12%	0.22	28.95%	5,737
2021	1.56%	0.14	34.15%	5,737
2020	1.25%	0.11	42.31%	5,737
2019	2.88%	0.11	45.83%	5,737
2018	3.46%	0.10	50.00%	5,737
2017	2.33%	0.07	53.85%	5,737
2016	2.72%	0.07	100.00%	5,769
2015	5.00%	0.10	100.00%	5,769

*In millions

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

Zijin Mining Group H Stock performance

Finally, last moth Zijin Mining Group H showed a return of -7.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 38.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Mining firms.