Sinomine Resource Group Co., Ltd. operates as a geological exploration technology services company. The company offers solid mineral exploration technical services, as well as engages in mineral rights development business. It also holds interests in the Shivuma copper project in Zambia, and Tanco mines located in Manitoba province of Canada, as well as explores for cesium, lithium, copper, and cobalt, gold, silver, chrome, tantalum, beryllium, etc. In addition, the company undertakes engineering projects; and provides international freight forwarding, warehousing, international trade, and ore trading services. Further, it offers cesium products, such as cesium fluoroaluminate, cesium carbonate, cesium sulfate, cesium fluoride, cesium hydroxide monohydrate; rubidium carbonate, including rubidium carbonate, rubidium nitrate, rubidium chloride, rubidium iodide, rubidium fluoride, rubidium hydroxide; and lithium carbonate, lithium fluoride, and monohydrate lithium hydroxide products. Additionally, the company provides environmental testing and monitoring, geological and mineral product testing, multi-target geochemical sample testing, radioactivity testing, import and export commodity testing, trace element testing, and microbial testing services. The company's products are used for various applications in defense, new energy, special glass, medicine, oil and gas exploration, electronic devices, industrial catalyst, and aerospace sectors. It has operations in Canada, the United states, the United Kingdom, Norway, Zambia, Congo, Zimbabwe, Uganda, Indonesia, Malaysia, rest of Asia, Africa, Europe, and Oceania. The company was formerly known as Sinomine Resource Exploration Co., Ltd. and changed its name to Sinomine Resource Group Co., Ltd. in August 2018. Sinomine Resource Group Co., Ltd. was founded in 1999 and is based in Beijing, China. Sinomine Resource Group Co., Ltd. operates as a subsidiary of China Nonferrous Metal Mining (Group) Co.,Ltd.
Sinomine Resource Dividend Announcement
• Sinomine Resource announced a annually dividend of ¥1.00 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Sinomine Resource annual dividend for 2024 was ¥1.00
• Sinomine Resource annual dividend for 2023 was ¥1.00
• Sinomine Resource's trailing twelve-month (TTM) dividend yield is 2.64%
• Sinomine Resource's payout ratio for the trailing twelve months (TTM) is 115.98%
• Sinomine Resource's dividend growth over the last five years (2018-2023) was 82.06% year
Sinomine Resource Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥1.00 | annually | 2024-05-30 |
2023-05-31 | ¥1.00 | annually | 2023-05-31 |
2022-06-01 | ¥0.14 | annually | 2022-06-01 |
2021-06-23 | ¥0.05 | annually | 2021-06-23 |
2020-05-20 | ¥0.05 | annually | 2020-05-20 |
2019-07-19 | ¥0.05 | annually | 2019-07-19 |
2018-06-22 | ¥0.05 | annually | 2018-06-22 |
2017-07-13 | ¥0.10 | annually | 2017-07-13 |
2016-06-20 | ¥0.10 | annually | |
2015-06-19 | ¥0.15 | annually |
Sinomine Resource Dividend per year
Sinomine Resource Dividend growth
Sinomine Resource Dividend Yield
Sinomine Resource current trailing twelve-month (TTM) dividend yield is 2.64%. Interested in purchasing Sinomine Resource stock? Use our calculator to estimate your expected dividend yield:
Sinomine Resource Financial Ratios
Sinomine Resource Dividend FAQ
Other factors to consider when evaluating Sinomine Resource 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: Sinomine Resource'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, Sinomine Resource 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, Sinomine Resource 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 Sinomine Resource 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: Sinomine Resource 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, Sinomine Resource distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinomine Resource 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 Sinomine Resource'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 Sinomine Resource'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.