Western Mining Co.,Ltd., together with its subsidiaries, engages in the mining, smelting, development, and trading of metals in China and internationally. The company offers basic non-ferrous and ferrous metals, such as copper, lead, zinc, iron, nickel, lead concentrates, zinc concentrates, copper concentrates, iron concentrates, pellets, zinc ingots, electric lead, electrolytic copper, zinc powder, sulfur, ammonium metavanadate, vanadium, molybdenum, silver, gold, and other metals. It is also involved in the trading of copper, lead, zinc, nickel, and aluminum; and financial activities. The company was founded in 2000 and is headquartered in Xining, China.
Western Mining Dividend Announcement
• Western Mining announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• Western Mining annual dividend for 2024 was ¥0.50
• Western Mining annual dividend for 2023 was ¥1.40
• Western Mining's trailing twelve-month (TTM) dividend yield is 2.99%
• Western Mining's payout ratio for the trailing twelve months (TTM) is 151.51%
Western Mining Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ¥0.50 | annually | 2024-05-31 |
2023-05-18 | ¥1.40 | annually | 2023-05-18 |
2022-05-30 | ¥0.20 | annually | 2022-05-30 |
2021-06-29 | ¥0.12 | annually | 2021-06-29 |
2020-05-21 | ¥0.10 | annually | 2020-05-21 |
2018-05-17 | ¥0.10 | annually | 2018-05-17 |
2017-06-02 | ¥0.05 | annually | 2017-06-02 |
2016-06-08 | ¥0.05 | annually | |
2015-06-17 | ¥0.05 | annually | |
2014-05-12 | ¥0.05 | annually | |
2013-05-16 | ¥0.10 | annually | |
2012-05-15 | ¥0.10 | annually |
Western Mining Dividend per year
Western Mining Dividend growth
Western Mining Dividend Yield
Western Mining current trailing twelve-month (TTM) dividend yield is 2.99%. Interested in purchasing Western Mining stock? Use our calculator to estimate your expected dividend yield:
Western Mining Financial Ratios
Western Mining Dividend FAQ
Other factors to consider when evaluating Western 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: Western 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, Western 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, Western 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 Western 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: Western 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, Western 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: Western 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 Western 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 Western 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.