Citic Pacific Special Steel Group Dividend
Dividend criteria checks 5/6
Citic Pacific Special Steel Group is a dividend paying company with a current yield of 3.61% that is well covered by earnings.
Key information
3.6%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.11 |
| Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Is There An Opportunity With Citic Pacific Special Steel Group Co., Ltd's (SZSE:000708) 39% Undervaluation?
Apr 19
Does Citic Pacific Special Steel Group (SZSE:000708) Have A Healthy Balance Sheet?
Apr 01Citic Pacific Special Steel Group Co., Ltd Just Missed Earnings - But Analysts Have Updated Their Models
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000708's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000708's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Citic Pacific Special Steel Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (708) | 3.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.1% |
| Analyst forecast in 3 Years (708) | 6.1% |
Notable Dividend: 000708's dividend (3.61%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 000708's dividend (3.61%) is in the top 25% of dividend payers in the CN market (2.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.9%), 000708's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.8%), 000708's dividend payments are well covered by cash flows.