3Lun·

What is this company and is it good for dividends?

4 Comentarios

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Is at least 30 years old
3
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So the company is in the aluminum business, but the chart performance of the last few years is crazy and the dividend is also solid and even relatively low valued
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Dividend growth of 0.4...% I don't know now.
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From a newsletter:
China Hongqiao Group: The quiet giant with a payout
While the Western world is rebuilding supply chains, China Hongqiao is delivering "industrial craftsmanship" in the best sense of the word: The world's largest producer of primary aluminium, fully integrated from mine to assembly line, with modern facilities and high capacity utilization. A national cap on production supports supply and prices - which benefits large, efficient players.
Particularly attractive: the combination of solid profitability, comparatively low valuation and a noticeable dividend yield. Hongqiao is therefore less of a bet and more of a cornerstone: a building block for anyone who values steady cash flow and market leadership in the raw materials and industrial sectors - despite all the general China risks that should be factored in.
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