CITIC Stock

CITIC Dividend 2024

CITIC Dividend

0.65 CNY

CITIC Dividend yield

7.53 %

Ticker

267.HK

ISIN

HK0267001375

WKN

870564

How much dividend does CITIC 2024 pay?

According to the latest status from October 2024, CITIC paid a total of 0.65 CNY per share in dividends within the last 12 months. With the current CITIC price of 8.6 CNY, this corresponds to a dividend yield of 7.53 %. A dividend is paid times per year.

7.53 % Dividend Yield=
0.65 CNY Dividend
8.6 CNY Stock Price

Historical CITIC Dividends

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

PaydateDividend
10/25/20240.03
10/23/20240.21
8/2/20240.05
7/27/20240.37
7/20/20240.34
10/22/20230.2
7/26/20230.45
10/21/20220.2
7/16/20220.46
10/13/20210.15
7/11/20210.39
10/14/20200.1
7/23/20200.29
10/13/20190.18
7/10/20190.26
10/12/20180.15
7/19/20180.25
10/14/20170.11
7/15/20170.23
10/14/20160.1
1
2
3
4

CITIC dividend history and estimates

In 2023, CITIC paid a dividend amounting to 0.65 CNY. Dividend means that CITIC distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for CITIC 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’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating CITIC'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 Dividend History

DateCITIC Dividend
2026e0.7 undefined
2025e0.69 undefined
2024e0.7 undefined
20230.65 undefined
20220.66 undefined
20210.54 undefined
20200.39 undefined
20190.44 undefined
20180.4 undefined
20170.34 undefined
20160.3 undefined
20150.3 undefined
20140.27 undefined
20130.4 undefined
20120.45 undefined
20110.45 undefined
20100.4 undefined
20090.15 undefined
20081.1 undefined
20070.7 undefined
20061.1 undefined
20051.1 undefined
20041 undefined

Is the CITIC Dividend Safe?

CITIC has been increasing the dividend for 3 years.

Over the past 10 years, CITIC has increased it by an annual 4.934 %.

Over a five-year period, the distribution increased by 10.112%.

Analysts expect a Dividend Increase of 3.607% for the current fiscal year.

CITIC dividend payout ratio

In 2023, CITIC had a payout ratio of 23.84%. The payout ratio indicates the percentage of the company's profits that CITIC distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for CITIC 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 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'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 Payout Ratio History

DateCITIC Payout ratio
2026e25.07 %
2025e26.16 %
2024e25.2 %
202323.84 %
202229.44 %
202122.32 %
202019.74 %
201923.78 %
201823.12 %
201722.52 %
201620.27 %
201519.11 %
201416.56 %
201320.62 %
201223.68 %
201117.79 %
201016.39 %
20099.2 %
2008-19.3 %
200714.29 %
200629.26 %
200560.44 %
200462.11 %

Dividend Details

Understanding CITIC's Dividend Distributions

CITIC’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'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'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’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 Aktienanalyse

What does CITIC do?

CITIC Ltd is a Chinese holding company that was founded in 1979. The company's history is closely linked to the development of the Chinese economy. Originally, CITIC Ltd was established as the China International Trust and Investment Corporation to attract foreign investors and promote technology transfer. In the 1980s, CITIC Ltd led China into the era of market economy and was an important player in the opening-up policy. CITIC Ltd's business model is diverse and includes various sectors. The key divisions include finance, commodities, manufacturing, real estate, and infrastructure. In the finance sector, CITIC Ltd is one of the largest investment banks in China. It provides financial services such as investment banking, asset management, wealth accumulation, and insurance. CITIC Bank, which is owned by CITIC Ltd, is one of the largest banks in China. In the commodities sector, CITIC Ltd engages in the exploration and development of resources such as oil, gas, coal, ores, and other minerals. The company owns and operates several mines and oil fields and is also active in metallurgy and chemicals. CITIC Ltd's manufacturing division encompasses various industries such as machinery, electronics, and vehicle manufacturing. The company produces and distributes a variety of products including automobiles, cement, steel, chemicals, construction materials, and construction machinery. CITIC Ltd's real estate and infrastructure division is involved in the development, construction, and management of residential, commercial, industrial, and infrastructure projects. It owns a variety of properties including office buildings, shopping centers, hotels, and logistics parks. Some of the products offered by CITIC Ltd include CITIC Plaza, one of the tallest buildings in Guangzhou, China; CITIC Heavy Industry, a leading manufacturer of heavy machinery; CITIC Pacific Mining, a mining company focused on the exploration and production of iron, copper, and other minerals; and CITIC Securities, one of the largest securities firms in China. CITIC Ltd is also internationally active and has branches and partnerships in various parts of the world, including Hong Kong, New York, London, Singapore, South Korea, and Australia. Overall, CITIC Ltd is a versatile company with a wide product portfolio and a strong commitment to innovation and growth. The company's history reflects the development of the Chinese economy, and CITIC Ltd has played an important role in promoting China's economic development. CITIC is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about CITIC stock

How much dividend does CITIC pay?

Over the past 12 months, CITIC paid a dividend of 0.65 CNY . This corresponds to a dividend yield of about 7.53 %. For the coming 12 months, CITIC is expected to pay a dividend of 0.69 CNY.

What is the dividend yield of CITIC?

The current dividend yield of CITIC is 7.53 %.

When does CITIC pay dividends?

CITIC pays a quarterly dividend. This is distributed in the months of July, August, October, October.

How secure is the dividend of CITIC?

CITIC paid dividends every year for the past 23 years.

What is the dividend of CITIC?

For the upcoming 12 months, dividends amounting to 0.69 CNY are expected. This corresponds to a dividend yield of 8.07 %.

In which sector is CITIC located?

CITIC is assigned to the 'Industry' sector.

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

To receive the latest dividend of CITIC from 11/15/2024 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 9/25/2024.

When did CITIC pay the last dividend?

The last dividend was paid out on 11/15/2024.

What was the dividend of CITIC in the year 2023?

In the year 2023, CITIC distributed 0.656 CNY as dividends.

In which currency does CITIC pay out the dividend?

The dividends of CITIC are distributed in CNY.

Andere Kennzahlen von CITIC

Our stock analysis for CITIC 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.