GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inner Mongolia Dazhong Mining Co Ltd (SZSE:001203) » Definitions » Dividend Yield %

Inner Mongolia Dazhong Mining Co (SZSE:001203) Dividend Yield % : 2.80% (As of May. 31, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Inner Mongolia Dazhong Mining Co Dividend Yield %?

As of today (2024-05-31), the Trailing Annual Dividend Yield of Inner Mongolia Dazhong Mining Co is 2.80%.

Warning Sign:

Inner Mongolia Dazhong Mining Co Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Inner Mongolia Dazhong Mining Co's Dividend Yield % or its related term are showing as below:

SZSE:001203' s Dividend Yield % Range Over the Past 10 Years
Min: 2.31   Med: 2.85   Max: 3.82
Current: 2.8

During the past 12 years, the highest Dividend Yield of Inner Mongolia Dazhong Mining Co was 3.82%. The lowest was 2.31%. And the median was 2.85%.

SZSE:001203's Dividend Yield % is ranked worse than
50.42% of 353 companies
in the Steel industry
Industry Median: 2.81 vs SZSE:001203: 2.80

Inner Mongolia Dazhong Mining Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 12 years, the highest Dividend Payout Ratio of Inner Mongolia Dazhong Mining Co was 0.41. The lowest was 0.35. And the median was 0.38.

As of today (2024-05-31), the Forward Dividend Yield % of Inner Mongolia Dazhong Mining Co is 0.00%.

Inner Mongolia Dazhong 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.


Inner Mongolia Dazhong Mining Co Dividend Yield % Historical Data

The historical data trend for Inner Mongolia Dazhong Mining Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Inner Mongolia Dazhong Mining Co Dividend Yield % Chart

Inner Mongolia Dazhong Mining Co Annual Data
Trend Dec11 Dec12 Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.65 - 2.95

Inner Mongolia Dazhong Mining Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.70 2.79 2.95 3.12

Competitive Comparison of Inner Mongolia Dazhong Mining Co's Dividend Yield %

For the Steel subindustry, Inner Mongolia Dazhong Mining Co's Dividend Yield %, along with its competitors' market caps and 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.


Inner Mongolia Dazhong Mining Co's Dividend Yield % Distribution in the Steel Industry

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

* The bar in red indicates where Inner Mongolia Dazhong Mining Co's Dividend Yield % falls into.



Inner Mongolia Dazhong Mining Co Dividend Yield % Calculation

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


Inner Mongolia Dazhong Mining Co  (SZSE:001203) 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.


Inner Mongolia Dazhong Mining Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Inner Mongolia Dazhong Mining Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inner Mongolia Dazhong Mining Co (SZSE:001203) Business Description

Traded in Other Exchanges
N/A
Address
Xiao Shetai Secretary Gou, Urad Front Banner, Inner Mongolia Autonomous Region, Bayannaoer, CHN, 014030
Inner Mongolia Dazhong Mining Co Ltd is involved in the ferrous metal mining and dressing industry, which is mainly engaged in iron ore mining and dressing, the production and sales of iron concentrate powder and pellets, and the processing and sales of machine-made sand and gravel. The main products are iron powder, pellets, and machine-made sand and gravel.
Executives
Lin Pu Zheng Secretary Dong
Zhang Jie Executives
Lin Pu Sheng Directors, executives
Wu Jiang Hai Executives

Inner Mongolia Dazhong Mining Co (SZSE:001203) Headlines

No Headlines