CITIC Metal Dividend
Dividend criteria checks 2/6
CITIC Metal is a dividend paying company with a current yield of 1.73% that is well covered by earnings.
Key information
1.7%
Dividend yield
44%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 601061's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 601061's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
CITIC Metal Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601061) | 1.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Trade Distributors) | 3.4% |
Analyst forecast in 3 Years (601061) | n/a |
Notable Dividend: 601061's dividend (1.73%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 601061's dividend (1.73%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), 601061's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601061 is paying a dividend but the company has no free cash flows.