CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, refining, and trading of copper, cobalt, molybdenum, tungsten, niobium, phosphates, and other base and rare metals. The company provides molybdenum oxide, ferromolybdenum, molybdenum and tungsten concentrates, copper concentrate, cobalt hydroxide, ferroniobium, phosphate fertilizer, gold and silver, and other related products. It is also involved in the refining and sale of mineral products; purchase and sale of molybdenum and tungsten products; import and export of goods and technology; and hotel management, consulting, enterprise operating and management, asset management, logistics, and transportation businesses. It has operations in China, Australia, Brazil and the Democratic Republic of the Congo, Switzerland, and internationally. The company was formerly known as China Molybdenum Co., Ltd. and changed its name to CMOC Group Limited in June 2022. CMOC Group Limited was incorporated in 2006 and is based in Luoyang, the People's Republic of China.
CMOC Dividend Announcement
• CMOC announced a annually dividend of $0.02 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-06-27
• CMOC annual dividend for 2024 was $0.02
• CMOC annual dividend for 2023 was $0.01
• CMOC's trailing twelve-month (TTM) dividend yield is 2.47%
• CMOC's payout ratio for the trailing twelve months (TTM) is 54.27%
CMOC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | $0.02 | annually | 2024-07-26 |
2023-06-29 | $0.01 | annually | 2023-07-27 |
2022-06-29 | $0.01 | annually | 2022-07-27 |
2021-06-18 | $0.01 | annually | 2021-07-14 |
2020-06-16 | $0.01 | annually | 2020-07-10 |
2018-06-15 | $0.01 | annually | 2018-07-20 |
2017-04-25 | $0.01 | annually | 2017-05-24 |
2016-07-06 | $0.00 | annually | |
2015-07-02 | $0.03 | annually | |
2014-05-14 | $0.02 | annually |
CMOC Dividend per year
CMOC Dividend growth
CMOC Dividend Yield
CMOC current trailing twelve-month (TTM) dividend yield is 2.47%. Interested in purchasing CMOC stock? Use our calculator to estimate your expected dividend yield:
CMOC Financial Ratios
CMOC Dividend FAQ
Other factors to consider when evaluating CMOC 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: CMOC'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, CMOC 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, CMOC 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 CMOC 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: CMOC 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, CMOC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CMOC 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 CMOC'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 CMOC'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.