CITIC Resources Holdings Stock

CITIC Resources Holdings Dividend 2024

CITIC Resources Holdings Dividend

0.06 HKD

CITIC Resources Holdings Dividend yield

13.48 %

Ticker

1205.HK

ISIN

BMG2155Y1075

WKN

723581

How much dividend does CITIC Resources Holdings 2024 pay?

According to the latest status from July 2024, CITIC Resources Holdings paid a total of 0.06 HKD per share in dividends within the last 12 months. With the current CITIC Resources Holdings price of 0.45 HKD, this corresponds to a dividend yield of 13.48 %. A dividend is paid times per year.

13.48 % Dividend Yield=
0.06 HKD Dividend
0.45 HKD Stock Price

Historical CITIC Resources Holdings Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
7/18/20240.03
7/20/20230.06
7/21/20220.05
7/25/20190.04
7/26/20180.03
7/27/20170.02
8/23/19980.02
1

CITIC Resources Holdings dividend history and estimates

In 2023, CITIC Resources Holdings paid a dividend amounting to 0.06 HKD. Dividend means that CITIC Resources Holdings distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for CITIC Resources Holdings provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify CITIC Resources Holdings’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating CITIC Resources Holdings's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

CITIC Resources Holdings Dividend History

DateCITIC Resources Holdings Dividend
20230.06 HKD
20220.05 HKD
20190.04 HKD
20180.03 HKD
20170.02 HKD

Is the CITIC Resources Holdings Dividend Safe?

CITIC Resources Holdings has been increasing the dividend for 4 years.

Over the past 10 years, CITIC Resources Holdings has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 19.136%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

CITIC Resources Holdings dividend payout ratio

In 2023, CITIC Resources Holdings had a payout ratio of 26.1%. The payout ratio indicates the percentage of the company's profits that CITIC Resources Holdings distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for CITIC Resources Holdings represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for CITIC Resources Holdings could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate CITIC Resources Holdings's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

CITIC Resources Holdings Payout Ratio History

DateCITIC Resources Holdings Payout ratio
202326.1 %
202226.48 %
202127.76 %
202024.07 %
2019-75.59 %
201832.72 %
201713.02 %
201624.07 %
201524.07 %
201424.07 %
201324.07 %
201224.07 %
201124.07 %
201024.07 %
200924.07 %
200824.07 %
200724.07 %
200624.07 %
200524.07 %
200424.07 %

Dividend Details

Understanding CITIC Resources Holdings's Dividend Distributions

CITIC Resources Holdings’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining CITIC Resources Holdings's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

CITIC Resources Holdings's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in CITIC Resources Holdings’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

CITIC Resources Holdings Aktienanalyse

What does CITIC Resources Holdings do?

CITIC Resources Holdings Ltd is a leading Chinese energy and resources conglomerate based in Hong Kong. The company was established in 1997 and is part of the CITIC Group Corporation, one of China's largest state-owned enterprises. CITIC Resources focuses on identifying and capitalizing on opportunities in the global energy and resources industry. The company operates in various business sectors, including resource exploration and extraction, energy generation and distribution, commodity trading, and logistics and infrastructure. This includes oil and gas fields in China, Australia, and Indonesia, a coal mine in South Africa, and investments in several energy generation and distribution companies in China. One of CITIC Resources' main divisions is oil and gas exploration and extraction. The company holds a significant stake in the Chinese oil and gas company PetroChina and operates its own oil and gas fields in various countries. One of its key projects is the Mereenie oil field near Melbourne, which has a production capacity of up to 2,500 barrels of oil per day. Another important division of CITIC Resources is the trading of commodities and energy sources. The company is involved in the sourcing, transportation, and marketing of commodities such as iron ore, copper, aluminum, and coal. To facilitate commodity trading, CITIC Resources operates its own ports, railway lines, and logistics centers. The company also holds investments in mining companies in Africa and Australia to secure its resource supply. In recent years, CITIC Resources has also made significant investments in renewable energy, particularly in the construction of solar and wind parks in China. Its goal is to increase the share of renewable energy in China's electricity generation and contribute to reducing CO2 emissions. In the infrastructure sector, the company has invested in ports, roads, and airports to facilitate the trading of commodities and energy sources. For example, CITIC Resources operates the Hong Kong International Airport and the Yantian Port in southern China, one of the largest container ports in the world. CITIC Resources is a major player in the Chinese energy and resources industry and has built a strong position in recent years. The company aims to expand its global presence to seize opportunities in various industries and regions. With its broad range of activities and existing connections to other Chinese companies, CITIC Resources can rely on a strong foundation to continue growing and achieve its goals. CITIC Resources Holdings is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about CITIC Resources Holdings stock

How much dividend does CITIC Resources Holdings pay?

Over the past 12 months, CITIC Resources Holdings paid a dividend of 0.06 HKD . This corresponds to a dividend yield of about 13.48 %. For the coming 12 months, CITIC Resources Holdings is expected to pay a dividend of 0.06 HKD.

What is the dividend yield of CITIC Resources Holdings?

The current dividend yield of CITIC Resources Holdings is 13.48 %.

When does CITIC Resources Holdings pay dividends?

CITIC Resources Holdings pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of CITIC Resources Holdings?

CITIC Resources Holdings paid dividends every year for the past 2 years.

What is the dividend of CITIC Resources Holdings?

For the upcoming 12 months, dividends amounting to 0.06 HKD are expected. This corresponds to a dividend yield of 13.48 %.

In which sector is CITIC Resources Holdings located?

CITIC Resources Holdings is assigned to the 'Industry' sector.

Wann musste ich die Aktien von CITIC Resources Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CITIC Resources Holdings from 7/18/2024 amounting to 0.025 HKD, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did CITIC Resources Holdings pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of CITIC Resources Holdings in the year 2023?

In the year 2023, CITIC Resources Holdings distributed 0.045 HKD as dividends.

In which currency does CITIC Resources Holdings pay out the dividend?

The dividends of CITIC Resources Holdings are distributed in HKD.

Andere Kennzahlen von CITIC Resources Holdings

Our stock analysis for CITIC Resources Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CITIC Resources Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.