CITIC Resources Holdings Dividend
Dividend criteria checks 2/6
CITIC Resources Holdings is a dividend paying company with a current yield of 5.1% 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
5.1%
Dividend yield
36%
Payout ratio
| Industry average yield | 7.0% |
| Next dividend pay date | 18 Jul 24 |
| Ex dividend date | 18 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.07 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Benign Growth For CITIC Resources Holdings Limited (HKG:1205) Underpins Its Share Price
Jan 15
Returns On Capital Are Showing Encouraging Signs At CITIC Resources Holdings (HKG:1205)
Jun 21Returns On Capital Are Showing Encouraging Signs At CITIC Resources Holdings (HKG:1205)
Jan 20These 4 Measures Indicate That CITIC Resources Holdings (HKG:1205) Is Using Debt Reasonably Well
Nov 08The Return Trends At CITIC Resources Holdings (HKG:1205) Look Promising
May 31CITIC Resources Holdings (HKG:1205) Takes On Some Risk With Its Use Of Debt
Apr 20There's Been No Shortage Of Growth Recently For CITIC Resources Holdings' (HKG:1205) Returns On Capital
Feb 09Here's Why CITIC Resources Holdings (HKG:1205) Has A Meaningful Debt Burden
Oct 04We Like These Underlying Return On Capital Trends At CITIC Resources Holdings (HKG:1205)
Aug 28Does CITIC Resources Holdings (HKG:1205) Have A Healthy Balance Sheet?
May 15How Does CITIC Resources Holdings' (HKG:1205) CEO Pay Compare With Company Performance?
Dec 08
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1205 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1205'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1205) | 5.1% |
| Market Bottom 25% (HK) | 3.5% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Industrials) | 7.0% |
| Analyst forecast in 3 Years (1205) | n/a |
Notable Dividend: 1205's dividend (5.1%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 1205's dividend (5.1%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), 1205's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 1205's cash payout ratio to determine if its dividend payments are covered by cash flows.