CITIC Resources Holdings is a dividend paying company with a current yield of 4.81% that is well covered by earnings. Next payment date is on 18th July, 2024 with an ex-dividend date of 18th June, 2024.
Key information
4.8%
Dividend yield
36%
Payout ratio
Industry average yield
2.6%
Next dividend pay date
18 Jul 24
Ex dividend date
18 Jun 24
Dividend per share
n/a
Earnings per share
€0.07
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CZR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CZR's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
CITIC Resources Holdings Dividend Yield vs Market
How does CZR dividend yield compare to the market?
Segment
Dividend Yield
Company (CZR)
4.8%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Industrials)
2.6%
Analyst forecast in 3 Years (CZR)
n/a
Notable Dividend: CZR's dividend (4.81%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: CZR's dividend (4.81%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), CZR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), CZR's dividend payments are well covered by cash flows.