CITIC Dividend
Dividend criteria checks 4/6
CITIC is a dividend paying company with a current yield of 7.45% that is well covered by earnings.
Key information
7.4%
Dividend yield
26%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.98 |
Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTPC.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTPC.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CITIC Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CTPC.Y) | 7.4% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Industrials) | 4.1% |
Analyst forecast in 3 Years (CTPC.Y) | 8.2% |
Notable Dividend: CTPC.Y's dividend (7.45%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CTPC.Y's dividend (7.45%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), CTPC.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CTPC.Y is paying a dividend but the company has no free cash flows.