China CITIC Bank Dividends and Buybacks
Dividend criteria checks 4/6
China CITIC Bank is a dividend paying company with a current yield of 7.88% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 11th December, 2024.
Key information
7.9%
Dividend yield
-7.9%
Buyback Yield
| Total Shareholder Yield | -0.03% |
| Future Dividend Yield | 8.0% |
| Dividend Growth | 13.5% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 11 Dec 24 |
| Dividend per share | HK$0.403 |
| Payout ratio | 42% |
Recent dividend and buyback updates
China CITIC Bank (HKG:998) Will Pay A Larger Dividend Than Last Year At CN¥0.3907
Jun 28
China CITIC Bank's (HKG:998) Upcoming Dividend Will Be Larger Than Last Year's
Jun 25Recent updates
China CITIC Bank (HKG:998) Will Pay A Larger Dividend Than Last Year At CN¥0.3907
Jun 28Here's Why China CITIC Bank (HKG:998) Has Caught The Eye Of Investors
Feb 29Should You Be Adding China CITIC Bank (HKG:998) To Your Watchlist Today?
Nov 13Should You Be Adding China CITIC Bank (HKG:998) To Your Watchlist Today?
Jul 30China CITIC Bank's (HKG:998) Upcoming Dividend Will Be Larger Than Last Year's
Jun 25Here's Why We Think China CITIC Bank (HKG:998) Is Well Worth Watching
Apr 26China CITIC Bank (HKG:998) Ticks All The Boxes When It Comes To Earnings Growth
Jan 03Here's Why We Think China CITIC Bank (HKG:998) Is Well Worth Watching
Jan 09I Built A List Of Growing Companies And China CITIC Bank (HKG:998) Made The Cut
Sep 25China CITIC Bank Corporation Limited (HKG:998) Is Yielding 7.6% - But Is It A Buy?
Feb 23How Much Did China CITIC Bank's(HKG:998) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 998's dividend payments have been volatile in the past 10 years.
Growing Dividend: 998's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China CITIC Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (998) | 7.9% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 6.9% |
| Analyst forecast (998) (up to 3 years) | 8.0% |
Notable Dividend: 998's dividend (7.88%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 998's dividend (7.88%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.09%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.8%), 998's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 998's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).