Citic Press Dividends and Buybacks
Dividend criteria checks 3/6
Citic Press is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 16.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.310 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300788 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300788 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Citic Press Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300788) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Media) | 2.0% |
| Analyst forecast (300788) (up to 3 years) | 1.0% |
Notable Dividend: 300788's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300788's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), 300788's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.2%), 300788's dividend payments are covered by cash flows.