Citic Pacific Special Steel Group Co., Ltd
XSEC:000708 Stock Report
Citic Pacific Special Steel Group Dividends and Buybacks
Dividend criteria checks 5/6
Citic Pacific Special Steel Group is a dividend paying company with a current yield of 4.42% that is well covered by earnings.
Key information
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.7% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.565 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Stability and Growth of Payments
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 |
|---|
How does 000708 dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (000708) | 4.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.1% |
| Analyst forecast (000708) (up to 3 years) | 6.7% |
Notable Dividend: 000708's dividend (4.42%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).
High Dividend: 000708's dividend (4.42%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55%), 000708's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.5%), 000708's dividend payments are well covered by cash flows.
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