CITIC Heavy Industries Dividends and Buybacks
Dividend criteria checks 3/6
CITIC Heavy Industries is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
-4.4%
Buyback Yield
| Total Shareholder Yield | -3.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0285 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
We Think That There Are Some Issues For CITIC Heavy Industries (SHSE:601608) Beyond Its Promising Earnings
Nov 05
Here's Why CITIC Heavy Industries (SHSE:601608) Has Caught The Eye Of Investors
Oct 15CITIC Heavy Industries (SHSE:601608) Has More To Do To Multiply In Value Going Forward
Sep 25Estimating The Fair Value Of CITIC Heavy Industries Co., Ltd. (SHSE:601608)
Jul 21Investors Met With Slowing Returns on Capital At CITIC Heavy Industries (SHSE:601608)
Jun 07With EPS Growth And More, CITIC Heavy Industries (SHSE:601608) Makes An Interesting Case
May 13CITIC Heavy Industries' (SHSE:601608) Solid Profits Have Weak Fundamentals
Mar 22Here's Why CITIC Heavy Industries (SHSE:601608) Can Afford Some Debt
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601608's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601608's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| CITIC Heavy Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601608) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (601608) (up to 3 years) | n/a |
Notable Dividend: 601608's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601608's dividend (0.69%) 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 (31.2%), 601608's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.1%), 601608's dividend payments are well covered by cash flows.