China Nonferrous Mining Corporation Limited, an investment holding company, engages in the exploration, mining, ore processing, leaching, smelting, and sale of copper cathodes, blister copper, copper anodes, copper-cobalt alloy, cobaltous hydroxide, and sulfuric acid. It offers copper concentrate for use as raw materials for copper smelter; blister copper for use as raw materials for electrolytic copper plant; copper cathode for use in the production of wires and cables, electrical and electronic products, industrial machinery and equipment, etc.; and sulfuric acid for producing chemical fertilizers. The company also engages in the farming activities. It serves in Mainland China, Switzerland, Singapore, Hong Kong, Luxemburg, and Africa. The company was incorporated in 2011 and is based in Beijing, China. China Nonferrous Mining Corporation Limited is a subsidiary of China Nonferrous Mining Development Limited.
China Nonferrous Mining Dividend Announcement
• China Nonferrous Mining announced a semi annually dividend of HK$0.23 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-02
• China Nonferrous Mining annual dividend for 2024 was HK$0.26
• China Nonferrous Mining annual dividend for 2023 was HK$0.22
• China Nonferrous Mining's trailing twelve-month (TTM) dividend yield is 4.46%
• China Nonferrous Mining's payout ratio for the trailing twelve months (TTM) is 33.90%
• China Nonferrous Mining's dividend growth over the last five years (2018-2023) was 32.46% year
China Nonferrous Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-02 | HK$0.23 | semi annually | 2024-07-15 |
2024-06-28 | HK$0.03 | semi annually | 2024-07-15 |
2023-06-30 | HK$0.22 | semi annually | 2023-07-13 |
2022-06-30 | HK$0.30 | semi annually | 2022-07-14 |
2021-07-05 | HK$0.11 | semi annually | 2021-07-16 |
2020-07-02 | HK$0.06 | semi annually | 2020-07-15 |
2019-06-04 | HK$0.07 | semi annually | 2019-06-18 |
2018-07-04 | HK$0.05 | semi annually | 2018-07-17 |
2018-06-20 | HK$0.01 | semi annually | |
2015-05-19 | HK$0.02 | semi annually | 2015-06-09 |
2014-05-27 | HK$0.02 | semi annually | 2014-06-30 |
China Nonferrous Mining Dividend per year
China Nonferrous Mining Dividend growth
China Nonferrous Mining Dividend Yield
China Nonferrous Mining current trailing twelve-month (TTM) dividend yield is 4.46%. Interested in purchasing China Nonferrous Mining stock? Use our calculator to estimate your expected dividend yield:
China Nonferrous Mining Financial Ratios
China Nonferrous Mining Dividend FAQ
Other factors to consider when evaluating China Nonferrous Mining as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: China Nonferrous Mining's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, China Nonferrous Mining publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, China Nonferrous Mining distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from China Nonferrous Mining are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: China Nonferrous Mining sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, China Nonferrous Mining distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Nonferrous Mining declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of China Nonferrous Mining's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review China Nonferrous Mining's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.