Zhejiang Huayou Cobalt Co Stock

Zhejiang Huayou Cobalt Co Dividend 2024

Zhejiang Huayou Cobalt Co Dividend

0.2 CNY

Zhejiang Huayou Cobalt Co Dividend yield

0.86 %

Ticker

603799.SS

ISIN

CNE100001VW3

How much dividend does Zhejiang Huayou Cobalt Co 2024 pay?

According to the latest status from July 2024, Zhejiang Huayou Cobalt Co paid a total of 0.2 CNY per share in dividends within the last 12 months. With the current Zhejiang Huayou Cobalt Co price of 23.33 CNY, this corresponds to a dividend yield of 0.86 %. A dividend is paid times per year.

0.86 % Dividend Yield=
0.2 CNY Dividend
23.33 CNY Stock Price

Historical Zhejiang Huayou Cobalt Co Dividends

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

PaydateDividend
7/17/20241
7/1/20230.2
7/8/20220.23
6/28/20210.2
7/12/20190.08
8/10/20180.36
8/8/20150.1
1

Zhejiang Huayou Cobalt Co dividend history and estimates

In 2023, Zhejiang Huayou Cobalt Co paid a dividend amounting to 0.2 CNY. Dividend means that Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Zhejiang Huayou Cobalt 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.

Zhejiang Huayou Cobalt Co Dividend History

DateZhejiang Huayou Cobalt Co Dividend
2026e0.23 undefined
2025e0.23 undefined
2024e0.23 undefined
20230.2 undefined
20220.23 undefined
20210.15 undefined
20190.06 undefined
20180.21 undefined
20150.04 undefined

Is the Zhejiang Huayou Cobalt Co Dividend Safe?

Zhejiang Huayou Cobalt Co has been increasing the dividend for 3 years.

Over the past 10 years, Zhejiang Huayou Cobalt Co has increased it by an annual 0 %.

Over a five-year period, the distribution increased by -1.093%.

Analysts expect a Dividend Increase of 6.618% for the current fiscal year.

Zhejiang Huayou Cobalt Co dividend payout ratio

In 2023, Zhejiang Huayou Cobalt Co had a payout ratio of 12.86%. The payout ratio indicates the percentage of the company's profits that Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt 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.

Zhejiang Huayou Cobalt Co Payout Ratio History

DateZhejiang Huayou Cobalt Co Payout ratio
2026e10.95 %
2025e10.54 %
2024e9.44 %
202312.86 %
20229.31 %
20216.17 %
202023.1 %
201953.82 %
201814.88 %
201723.1 %
201623.1 %
2015-11.75 %
201423.1 %
201323.1 %
201223.1 %
201123.1 %

Dividend Details

Understanding Zhejiang Huayou Cobalt Co's Dividend Distributions

Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt 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

Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt 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.

Zhejiang Huayou Cobalt Co Aktienanalyse

What does Zhejiang Huayou Cobalt Co do?

Zhejiang Huayou Cobalt Co Ltd is a Chinese company that was founded in 2002 and operates as one of the largest cobalt raw material suppliers. Cobalt is an important component in the production of lithium-ion batteries used in smartphones, laptops, electric vehicles, and other electronic devices. The history of Zhejiang Huayou Cobalt began in the 1980s with the operation of two copper mines in Zhejiang province. With the growing demand for cobalt, the company became interested in entering this field. Therefore, exploration and mining projects for cobalt were conducted in Zambia starting from the 1990s. In the following years, the company expanded and invested in mines in the Democratic Republic of Congo, Madagascar, and Australia. The core business of Zhejiang Huayou Cobalt revolves around the mining, processing, and sale of cobalt and other metal ores. The various business divisions include mining, refining, trading, and production of cobalt and nickel products. Overall, the company employs over 5,600 employees at locations in China, Africa, and Australia. An important part of Zhejiang Huayou Cobalt's business model is the commitment to producing ethical and sustainable cobalt products. By collaborating with organizations such as the Responsible Minerals Initiative and the Initiative for Responsible Mining and Mine Development, the company advocates for improving working conditions and protecting the environment in the cobalt industry. The product range of Zhejiang Huayou Cobalt includes various types of cobalt products, such as cobalt concentrates, cobalt sulfate, and cobalt oxide. These are typically supplied to lithium-ion battery manufacturers. In addition, the company also produces nickel products for applications in steel production and other industrial sectors. In recent years, Zhejiang Huayou Cobalt has expanded its business field and increasingly invested in battery material research and development. By establishing a joint venture with the German chemical company BASF and a battery material plant in China, the company aims to play a leading role in this field as well. Overall, Zhejiang Huayou Cobalt is a key player in the cobalt market and plays a significant role in battery material production. Through its commitment to ethical and sustainable mining, as well as investments in research and development, the company is well-positioned to be successful in the future. Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt Co stock

How much dividend does Zhejiang Huayou Cobalt Co pay?

Over the past 12 months, Zhejiang Huayou Cobalt Co paid a dividend of 0.2 CNY . This corresponds to a dividend yield of about 0.86 %. For the coming 12 months, Zhejiang Huayou Cobalt Co is expected to pay a dividend of 0.23 CNY.

What is the dividend yield of Zhejiang Huayou Cobalt Co?

The current dividend yield of Zhejiang Huayou Cobalt Co is 0.86 %.

When does Zhejiang Huayou Cobalt Co pay dividends?

Zhejiang Huayou Cobalt Co pays a quarterly dividend. This is distributed in the months of June, July, July, July.

How secure is the dividend of Zhejiang Huayou Cobalt Co?

Zhejiang Huayou Cobalt Co paid dividends every year for the past 6 years.

What is the dividend of Zhejiang Huayou Cobalt Co?

For the upcoming 12 months, dividends amounting to 0.23 CNY are expected. This corresponds to a dividend yield of 0.97 %.

In which sector is Zhejiang Huayou Cobalt Co located?

Zhejiang Huayou Cobalt Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Zhejiang Huayou Cobalt Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Huayou Cobalt Co from 6/17/2024 amounting to 1 CNY, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did Zhejiang Huayou Cobalt Co pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Zhejiang Huayou Cobalt Co in the year 2023?

In the year 2023, Zhejiang Huayou Cobalt Co distributed 0.231 CNY as dividends.

In which currency does Zhejiang Huayou Cobalt Co pay out the dividend?

The dividends of Zhejiang Huayou Cobalt Co are distributed in CNY.

Andere Kennzahlen von Zhejiang Huayou Cobalt Co

Our stock analysis for Zhejiang Huayou Cobalt 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 Zhejiang Huayou Cobalt Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.