RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Tongling Nonferrous Metals Group Co Stock

Tongling Nonferrous Metals Group Co Dividend 2024

Tongling Nonferrous Metals Group Co Dividend

0.05 CNY

Tongling Nonferrous Metals Group Co Dividend yield

1.48 %

Ticker

000630.SZ

ISIN

CNE000000529

How much dividend does Tongling Nonferrous Metals Group Co 2024 pay?

According to the latest status from July 2024, Tongling Nonferrous Metals Group Co paid a total of 0.05 CNY per share in dividends within the last 12 months. With the current Tongling Nonferrous Metals Group Co price of 3.38 CNY, this corresponds to a dividend yield of 1.48 %. A dividend is paid times per year.

1.48 % Dividend Yield=
0.05 CNY Dividend
3.38 CNY Stock Price

Historical Tongling Nonferrous Metals Group Co Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
7/7/20240.08
7/2/20230.05
6/23/20220.1
7/1/20210.04
7/22/20200.01
6/30/20190.03
7/15/20180.02
10/24/20150.02
7/2/20150.03
6/29/20140.1
6/14/20130.1
7/6/20120.1
7/24/20110.1
6/25/20100.1
6/13/20090.1
6/15/20080.2
6/25/20070.24
8/7/20060.24
6/23/20050.08
11/15/20040.03
1
2

Tongling Nonferrous Metals Group Co dividend history and estimates

In 2023, Tongling Nonferrous Metals Group Co paid a dividend amounting to 0.05 CNY. Dividend means that Tongling Nonferrous Metals Group Co distributes a portion of its profits to its owners.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Tongling Nonferrous Metals Group Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Tongling Nonferrous Metals Group Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Tongling Nonferrous Metals Group Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Tongling Nonferrous Metals Group Co Dividend History

DateTongling Nonferrous Metals Group Co Dividend
2026e0.06 undefined
2025e0.06 undefined
2024e0.06 undefined
20230.05 undefined
20220.1 undefined
20210.04 undefined
20200.01 undefined
20190.03 undefined
20180.02 undefined
20150.03 undefined
20140.02 undefined
20130.02 undefined
20120.02 undefined
20110.02 undefined
20100.02 undefined
20090.02 undefined
20080.04 undefined
20070.05 undefined
20060.05 undefined
20050.02 undefined
20040.02 undefined

Is the Tongling Nonferrous Metals Group Co Dividend Safe?

Tongling Nonferrous Metals Group Co has been increasing the dividend for 3 years.

Over the past 10 years, Tongling Nonferrous Metals Group Co has increased it by an annual 9.596 %.

Over a five-year period, the distribution increased by 20.112%.

Analysts expect a Dividend Increase of 5.494% for the current fiscal year.

Tongling Nonferrous Metals Group Co dividend payout ratio

In 2023, Tongling Nonferrous Metals Group Co had a payout ratio of 17.08%. The payout ratio indicates the percentage of the company's profits that Tongling Nonferrous Metals Group Co distributes as dividends.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

ⓘ

What is Yearly Payout Ratio?

The yearly payout ratio for Tongling Nonferrous Metals Group Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Tongling Nonferrous Metals Group Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Tongling Nonferrous Metals Group Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Tongling Nonferrous Metals Group Co Payout Ratio History

DateTongling Nonferrous Metals Group Co Payout ratio
2026e18.65 %
2025e20.28 %
2024e18.6 %
202317.08 %
202225.16 %
202113.58 %
202012.5 %
201937.5 %
201828.57 %
201717.08 %
201617.08 %
2015-48.57 %
201450 %
201325 %
201215.38 %
201110 %
201015.38 %
200922.22 %
200844.44 %
200730.25 %
200634.29 %
200512.5 %
200422.92 %

Dividend Details

Understanding Tongling Nonferrous Metals Group Co's Dividend Distributions

Tongling Nonferrous Metals Group Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Tongling Nonferrous Metals Group Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Tongling Nonferrous Metals Group Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Tongling Nonferrous Metals Group Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Tongling Nonferrous Metals Group Co Aktienanalyse

What does Tongling Nonferrous Metals Group Co do?

Tongling Nonferrous Metals Group Co Ltd is a Chinese company that was founded in 1952 as Tongling Copper Smelter and today is one of the world's largest copper producers. The company is based in the Anhui province and employs over 20,000 employees. Its product range includes copper and aluminum products, intermediate products for the chemical industry, as well as electronics and electrical parts. The company's history is closely linked to the development of the Chinese economy. In the 1950s, Tongling Copper Smelter was established to meet the demand for copper in China. In the 1980s, the company began to diversify its product range and focused on a strategy of diversification. This included the production of aluminum and chemical intermediates. In 2000, Tongling Nonferrous Metals Group Co Ltd was founded to consolidate these activities. The company's business model is based on vertical integration, meaning that they not only manufacture products but also extract the raw materials. The company operates its own copper and aluminum mines and also has access to large deposits of rare earths and other metals. This allows them to cover the entire value chain and maintain production stability even during times of high raw material prices. The company is divided into various divisions. The largest is the copper division, which manufactures copper products for various industries. This includes cable and wire products, pipes, and forged products. The aluminum division mainly produces aluminum profiles for the construction and transportation industries. The chemical division produces intermediate products for the pharmaceutical, agricultural, and food industries. Finally, there is the electronics and electrical division, which produces electronic components, batteries, and solar cells. The company is not only active in China but also internationally. It has subsidiaries and investments in Europe, North America, and Asia. Tongling Nonferrous Metals Group Co Ltd is pursuing a strategy of expanding its international business and aims to become a global brand. In summary, Tongling Nonferrous Metals Group Co Ltd is a successful Chinese company with a long history. It has evolved from a pure copper producer to a diversified conglomerate operating in various sectors. The business model is based on vertical integration, providing the company with stability. Tongling Nonferrous Metals Group Co Ltd is active not only in China but also internationally and aims to become a global brand. Tongling Nonferrous Metals Group Co is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Tongling Nonferrous Metals Group Co stock

How much dividend does Tongling Nonferrous Metals Group Co pay?

Over the past 12 months, Tongling Nonferrous Metals Group Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 1.48 %. For the coming 12 months, Tongling Nonferrous Metals Group Co is expected to pay a dividend of 0.06 CNY.

What is the dividend yield of Tongling Nonferrous Metals Group Co?

The current dividend yield of Tongling Nonferrous Metals Group Co is 1.48 %.

When does Tongling Nonferrous Metals Group Co pay dividends?

Tongling Nonferrous Metals Group Co pays a quarterly dividend. This is distributed in the months of June, June, July, July.

How secure is the dividend of Tongling Nonferrous Metals Group Co?

Tongling Nonferrous Metals Group Co paid dividends every year for the past 9 years.

What is the dividend of Tongling Nonferrous Metals Group Co?

For the upcoming 12 months, dividends amounting to 0.06 CNY are expected. This corresponds to a dividend yield of 1.64 %.

In which sector is Tongling Nonferrous Metals Group Co located?

Tongling Nonferrous Metals Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Tongling Nonferrous Metals Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongling Nonferrous Metals Group Co from 6/7/2024 amounting to 0.079 CNY, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Tongling Nonferrous Metals Group Co pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Tongling Nonferrous Metals Group Co in the year 2023?

In the year 2023, Tongling Nonferrous Metals Group Co distributed 0.1 CNY as dividends.

In which currency does Tongling Nonferrous Metals Group Co pay out the dividend?

The dividends of Tongling Nonferrous Metals Group Co are distributed in CNY.

Andere Kennzahlen von Tongling Nonferrous Metals Group Co

Our stock analysis for Tongling Nonferrous Metals Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tongling Nonferrous Metals Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.