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Hainan Mining Co (SHSE:601969) Forward Dividend Yield % : 0.00% (As of May. 16, 2024)


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What is Hainan Mining Co Forward Dividend Yield %?

As of today (2024-05-16), the Forward Annual Dividend Yield of Hainan Mining Co is 0.00%.

As of today (2024-05-16), the Trailing Annual Dividend Yield of Hainan Mining Co is 1.34%.

SHSE:601969's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 3.02
* Ranked among companies with meaningful Forward Dividend Yield % only.

Hainan Mining Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Hainan Mining Co's Forward Dividend Yield %

For the Steel subindustry, Hainan Mining Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hainan Mining Co's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hainan Mining Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hainan Mining Co's Forward Dividend Yield % falls into.



Hainan Mining Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Hainan Mining Co  (SHSE:601969) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Hainan Mining Co Forward Dividend Yield % Related Terms

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Hainan Mining Co (SHSE:601969) Business Description

Traded in Other Exchanges
N/A
Address
Changjiang Li Autonomous County, Hainan Shilu, CHN
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.

Hainan Mining Co (SHSE:601969) Headlines

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