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GuoCheng Mining CO., Ltd. engages in the mining of nonferrous metals. Its metals include lead and zinc mines, as well as associated gold, silver, and copper. The company also engages in the trading of mineral and non-ferrous metal products; and precious and rare metals, as well as in the development of non-ferrous metals and ferrous metals. In addition, it produces and sells sulfuric acid. The company was formerly known as Jianxin Mining Co., Ltd. and changed its name to Guocheng Mining Co., Ltd. in August 2018. The company is based in Chengdu, China.

GuoCheng Mining Dividend Announcement

• GuoCheng Mining announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-07-26
• GuoCheng Mining annual dividend for 2024 was ¥0.02
• GuoCheng Mining annual dividend for 2023 was ¥0.04
• GuoCheng Mining's trailing twelve-month (TTM) dividend yield is 0.15%
• GuoCheng Mining's payout ratio for the trailing twelve months (TTM) is 130.16%

GuoCheng Mining Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-26¥0.02annually2024-07-26
2023-07-31¥0.04annually2023-07-31
2021-06-30¥0.01annually2021-06-30
2018-06-28¥0.10annually2018-06-28
2001-06-07¥0.09annually
1999-05-05¥0.10annually
1997-06-23¥0.20annually

GuoCheng Mining Dividend per year

GuoCheng Mining Dividend Yield

GuoCheng Mining current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing GuoCheng Mining stock? Use our calculator to estimate your expected dividend yield:

GuoCheng Mining Financial Ratios

P/E ratio110.80
PEG ratio68.26
P/B ratio4.25
ROE3.91%
Payout ratio130.16%
Current ratio0.17
Quick ratio0.10
Cash Ratio0.07

GuoCheng Mining Dividend FAQ

Does GuoCheng Mining stock pay dividends?
GuoCheng Mining does not currently pay dividends to its shareholders.
Has GuoCheng Mining ever paid a dividend?
No, GuoCheng Mining has no a history of paying dividends to its shareholders. GuoCheng Mining is not known for its dividend payments.
Why doesn't GuoCheng Mining pay dividends?
There are several potential reasons why GuoCheng Mining would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will GuoCheng Mining ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While GuoCheng Mining has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is GuoCheng Mining a dividend aristocrat?
GuoCheng Mining is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is GuoCheng Mining a dividend king?
GuoCheng Mining is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is GuoCheng Mining a dividend stock?
No, GuoCheng Mining is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy GuoCheng Mining stocks?
To buy GuoCheng Mining you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy GuoCheng Mining stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.