CITIC Heavy Industries Dividend
Dividend criteria checks 3/6
CITIC Heavy Industries is a dividend paying company with a current yield of 0.78% that is well covered by earnings.
Key information
0.8%
Dividend yield
32%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.0285 |
Earnings per share | CN¥0.086 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Estimating 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) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (601608) | n/a |
Notable Dividend: 601608's dividend (0.78%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 601608's dividend (0.78%) is low compared to the top 25% of dividend payers in the CN market (2.67%).
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 (10.6%), 601608's dividend payments are thoroughly covered by cash flows.