Is Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) An Attractive Dividend Stock?
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March 15, 2021 Dividend paying stocks like Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company s dividend doesn t live up to expectations. Investors might not know much about Zhengzhou Coal Mining Machinery Group s dividend prospects, even though it has been paying dividends for the last eight years and offers a 1.8% yield. A 1.8% yield is not inspiring, but the longer payment history has some appeal. Before you buy any stock for its dividend however, you should always remember Warren Buffett s two rules: 1) Don t lose money, and 2) Remember rule #1. We ll run through some checks below to help wi
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