CI Resources Dividend
Dividend criteria checks 3/6
CI Resources is a dividend paying company with a current yield of 3.5% that is well covered by earnings.
Key information
3.5%
Dividend yield
18%
Payout ratio
| Industry average yield | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.035 |
| Earnings per share | AU$0.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
CI Resources (ASX:CII) Might Be Having Difficulty Using Its Capital Effectively
Aug 27
CI Resources (ASX:CII) Has Re-Affirmed Its Dividend Of AU$0.02
Feb 28Recent updates
These 4 Measures Indicate That CI Resources (ASX:CII) Is Using Debt Reasonably Well
May 06Here's Why We Think CI Resources (ASX:CII) Might Deserve Your Attention Today
Apr 05CI Resources (ASX:CII) Might Be Having Difficulty Using Its Capital Effectively
Aug 27CI Resources (ASX:CII) Has A Pretty Healthy Balance Sheet
Jun 28CI Resources (ASX:CII) Has Re-Affirmed Its Dividend Of AU$0.02
Feb 28CI Resources (ASX:CII) Has Some Difficulty Using Its Capital Effectively
Feb 23Some Investors May Be Worried About CI Resources' (ASX:CII) Returns On Capital
Oct 30CI Resources (ASX:CII) Could Be Struggling To Allocate Capital
Jun 11Is CI Resources (ASX:CII) A Risky Investment?
Apr 29CI Resources' (ASX:CII) Performance Is Even Better Than Its Earnings Suggest
Mar 05Our Take On The Returns On Capital At CI Resources (ASX:CII)
Feb 06Does CI Resources' (ASX:CII) CEO Salary Compare Well With Industry Peers?
Jan 07Would Shareholders Who Purchased CI Resources' (ASX:CII) Stock Three Years Be Happy With The Share price Today?
Nov 29Dividend Yield vs Market
| CI Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CII) | 3.5% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 7.5% |
| Industry Average (Metals and Mining) | 7.7% |
| Analyst forecast in 3 Years (CII) | n/a |
Notable Dividend: CII's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%).
High Dividend: CII's dividend (3.5%) is low compared to the top 25% of dividend payers in the Australian market (7.5%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 5/25/2023 | 0.035 | 3.5% |
| 2/28/2023 | 0.035 | 3.2% |
| 9/1/2022 | 0.03 | 2.6% |
| 2/26/2022 | 0.03 | 2.6% |
| 8/30/2021 | 0.02 | 1.7% |
| 2/26/2021 | 0.04 | 3.7% |
| 8/31/2020 | - | 0% |
| 2/28/2020 | - | 0% |
| 8/28/2019 | 0.03 | 2.4% |
| 2/27/2019 | 0.065 | 4.5% |
| 8/29/2018 | 0.08 | 5.8% |
| 8/30/2017 | 0.1 | 5.7% |
| 8/30/2016 | 0.13 | 6.9% |
| 2/25/2016 | 0.08 | 3.7% |
| 8/28/2015 | 0.05 | 3.9% |
| 3/9/2015 | 0.05 | 5% |
| 8/29/2014 | - | 0% |
| 2/28/2014 | 0.01 | 1.2% |
| 11/28/2013 | 0.01 | 1.2% |
| 2/28/2013 | 0.01 | 1.4% |
| 11/25/2012 | 0.02 | 3.6% |
| 9/30/2012 | 0.01 | 1.9% |
| 8/31/2012 | 0.01 | 1.9% |
| 6/8/2012 | 0.01 | 1.9% |
Stable Dividend: CII's dividend payments have been volatile in the past 10 years.
Growing Dividend: CII's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), CII's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CII is paying a dividend but the company has no free cash flows.