CITIC Heavy Industries Dividend
Dividend criteria checks 2/6
CITIC Heavy Industries is a dividend paying company with a current yield of 0.64% that is well covered by earnings.
Key information
0.6%
Dividend yield
32%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.091 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability 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) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (601608) | n/a |
Notable Dividend: 601608's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601608's dividend (0.64%) is low compared to the top 25% of dividend payers in the CN market (2.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 601608's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.1%), 601608's dividend payments are thoroughly covered by cash flows.