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 4.88% that is well covered by earnings.
Key information
4.9%
Dividend yield
51%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.565 |
Earnings per share | CN¥1.11 |
Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
Recent updates
Is Citic Pacific Special Steel Group (SZSE:000708) Using Too Much Debt?
Aug 12Improved Earnings Required Before Citic Pacific Special Steel Group Co., Ltd (SZSE:000708) Shares Find Their Feet
May 28Is There An Opportunity With Citic Pacific Special Steel Group Co., Ltd's (SZSE:000708) 39% Undervaluation?
Apr 19Does 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 (000708) | 4.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.7% |
Analyst forecast in 3 Years (000708) | 7.9% |
Notable Dividend: 000708's dividend (4.88%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000708's dividend (4.88%) is in the top 25% of dividend payers in the CN market (2.62%)
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.