CITIC Metal Dividends and Buybacks
Dividend criteria checks 2/6
CITIC Metal is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Shareholders Shouldn’t Be Too Comfortable With CITIC Metal's (SHSE:601061) Strong Earnings
Nov 04
Here's Why CITIC Metal (SHSE:601061) Can Manage Its Debt Responsibly
Sep 25Returns On Capital At CITIC Metal (SHSE:601061) Have Hit The Brakes
Aug 09CITIC Metal (SHSE:601061) Takes On Some Risk With Its Use Of Debt
May 30CITIC Metal's (SHSE:601061) Problems Go Beyond Weak Profit
Apr 02Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601061) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Trade Distributors) | 3.0% |
| Analyst forecast (601061) (up to 3 years) | 2.3% |
Notable Dividend: 601061's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601061's dividend (1.92%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 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.