CITIC Dividend
Dividend criteria checks 3/6
CITIC is a dividend paying company with a current yield of 7.29% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 20th June, 2024.
Key information
7.3%
Dividend yield
26%
Payout ratio
| Industry average yield | 6.4% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 20 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.98 |
| Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Recent updates
There's No Escaping CITIC Limited's (HKG:267) Muted Earnings
Apr 22
CITIC Limited's (HKG:267) Intrinsic Value Is Potentially 33% Above Its Share Price
Mar 26Is It Time To Consider Buying CITIC Limited (HKG:267)?
Feb 06CITIC (HKG:267) Has Some Way To Go To Become A Multi-Bagger
Jan 14There Is A Reason CITIC Limited's (HKG:267) Price Is Undemanding
Dec 23CITIC (HKG:267) Has A Somewhat Strained Balance Sheet
Dec 04CITIC Limited's (HKG:267) Intrinsic Value Is Potentially 52% Above Its Share Price
Nov 13CITIC's (HKG:267) Returns Have Hit A Wall
Sep 29CITIC (HKG:267) Will Pay A Smaller Dividend Than Last Year
Sep 03Is CITIC Limited (HKG:267) Trading At A 23% Discount?
Aug 09Is Now The Time To Put CITIC (HKG:267) On Your Watchlist?
Jul 18CITIC's (HKG:267) Shareholders Will Receive A Smaller Dividend Than Last Year
May 25Returns At CITIC (HKG:267) Appear To Be Weighed Down
May 01Here's Why CITIC (HKG:267) Has Caught The Eye Of Investors
Apr 02The Returns At CITIC (HKG:267) Aren't Growing
Jan 13Here's Why CITIC (HKG:267) Has A Meaningful Debt Burden
Dec 08Returns On Capital At CITIC (HKG:267) Have Hit The Brakes
Oct 14CITIC's (HKG:267) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01An Intrinsic Calculation For CITIC Limited (HKG:267) Suggests It's 35% Undervalued
Aug 18Here's Why We Think CITIC (HKG:267) Is Well Worth Watching
Jul 25CITIC (HKG:267) Has More To Do To Multiply In Value Going Forward
Jun 07CITIC (HKG:267) Is Increasing Its Dividend To HK$0.46
May 11CITIC (HKG:267) Is Increasing Its Dividend To HK$0.46
Apr 27New Forecasts: Here's What Analysts Think The Future Holds For CITIC Limited (HKG:267)
Apr 07CITIC (HKG:267) Is Paying Out A Larger Dividend Than Last Year
Apr 04Are Investors Undervaluing CITIC Limited (HKG:267) By 33%?
Apr 03Returns On Capital At CITIC (HKG:267) Have Stalled
Jan 29An Intrinsic Calculation For CITIC Limited (HKG:267) Suggests It's 35% Undervalued
Jan 02CITIC's (HKG:267) Returns Have Hit A Wall
Oct 31Is CITIC Limited (HKG:267) Trading At A 31% Discount?
Oct 04CITIC's (HKG:267) Dividend Will Be Increased To HK$0.15
Aug 29Here's What You Should Know About CITIC Limited's (HKG:267) 6.6% Dividend Yield
Mar 31CITIC's(HKG:267) Share Price Is Down 44% Over The Past Three Years.
Feb 07
We Think CITIC's (HKG:267) Statutory Profit Might Understate Its Earnings Potential
Jan 03These 4 Measures Indicate That CITIC (HKG:267) Is Using Debt Extensively
Nov 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 267's dividend payments have been volatile in the past 10 years.
Growing Dividend: 267's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CITIC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (267) | 7.3% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Industrials) | 6.4% |
| Analyst forecast in 3 Years (267) | 8.0% |
Notable Dividend: 267's dividend (7.29%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 267's dividend (7.29%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), 267's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 267 is paying a dividend but the company has no free cash flows.