China Citic Bank (H) Dividend yield




   HKD/share 
 Price  3.52
 Dividend  0.31
 Earnings  1.21
 Cash-flow  3.20
 Book value  11.73
 Equity  11.63

China Citic Bank (H) is part of Banks business, which is part of Financials industry. China Citic Bank (H) is a company from China, and his stocks are publicly traded.

China Citic Bank (H) paid a total dividend of 4,613 million HKD last year, for a market value of 52,385 millions (Market Cap 32,783 millions). Dividend per share of China Citic Bank (H) is 0.31 HKD, and his stock market price 3.52 HKD.

According to the chart below, where dividend yield is displayed, China Citic Bank (H) has a dividend yield of 8.69%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Financials 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 China Citic Bank (H) dividend yield with other Banks companies or firms from China.

Dividend yield of China Citic Bank (H)

China Citic Bank (H) Dividend Payout

About the ability of China Citic Bank (H) to maintain his current dividend of HKD 0.31 per share, an amount that accounts for 8.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Citic Bank (H) payout on ernings is currently 25.62%, which is lower than the market average and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures lead us to believe that there is confidence that China Citic Bank (H)can 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 China Citic Bank (H) is HKD 3.20 per share, which is higher than the dividend per share paid by the company of HKD 0.31, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Citic Bank (H), compared againt world market average, China companies, Financials industry and Banks sector companies.

China Citic Bank (H) payout

China Citic Bank (H) Dividend History

Year Yield  HKD  Paypout  Shares* 
Present8.69%0.3125.62%14,882
20208.61%0.2822.95%14,882
20195.51%0.2624.53%14,882
20186.25%0.3029.13%14,882
20175.27%0.2623.85%14,882
20164.72%0.2423.76%14,882
20150.00%0.000.00%14,882

*In millions

China Citic Bank (H) Stock performance

Finally, last moth China Citic Bank (H) showed a return of -1.70% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a 17.70% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Banks firms.

China Citic Bank (H) stock and market return