CITIC Pacific (Red C Dividend yield




   HKD/share 
 Price  5.49
 Dividend  0.38
 Earnings  1.96
 Cash-flow  2.39
 Book value  18.30
 Equity  20.00

CITIC Pacific (Red C is part of General Industrials business, which is part of Industrials industry. CITIC Pacific (Red C is a company from China, and his stocks are publicly traded.

CITIC Pacific (Red C paid a total dividend of 11,054 million HKD last year, for a market value of 159,704 millions (Market Cap 26,942 millions). Dividend per share of CITIC Pacific (Red C is 0.38 HKD, and his stock market price 5.49 HKD.

According to the chart below, where dividend yield is displayed, CITIC Pacific (Red C has a dividend yield of 7.01%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare CITIC Pacific (Red C dividend yield with other General Industrials companies or firms from China.

Dividend yield of CITIC Pacific (Red C

CITIC Pacific (Red C Dividend Payout

About the ability of CITIC Pacific (Red C to maintain his current dividend of HKD 0.38 per share, an amount that accounts for 7.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CITIC Pacific (Red C payout on ernings is currently 19.39%, which is lower than the market average and companies of Industrials industry, which are 38.57% and 31.76% respectively. Both figures lead us to believe that there is confidence that CITIC Pacific (Red Ccan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of CITIC Pacific (Red C is HKD 2.39 per share, which is higher than the dividend per share paid by the company of HKD 0.38, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of CITIC Pacific (Red C, compared againt world market average, China companies, Industrials industry and General Industrials sector companies.

CITIC Pacific (Red C payout

CITIC Pacific (Red C Dividend History

Year Yield  HKD  Paypout  Shares* 
Present7.01%0.3819.39%29,090
20194.22%0.4424.04%29,090
20183.26%0.4025.16%29,090
20173.01%0.3433.01%29,090
20162.51%0.3019.61%29,090
20152.21%0.3020.69%29,090

*In millions

CITIC Pacific (Red C Stock performance

Finally, last moth CITIC Pacific (Red C showed a return of -9.40% compared to a worldwide 3.99% average, and a 4.23% of Industrials firms. Over the last year, the company obtained a -47.30% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for China and General Industrials firms.

CITIC Pacific (Red C stock and market return