CITIC Securities (H) Dividend yield




   HKD/share 
 Price  17.90
 Dividend  0.59
 Earnings  1.49
 Cash-flow  -0.31
 Book value  17.90
 Equity  16.74

CITIC Securities (H) is part of Financial Services business, which is part of Financials industry. CITIC Securities (H) is a company from China, and his stocks are publicly traded.

CITIC Securities (H) paid a total dividend of 1,344 million HKD last year, for a market value of 40,776 millions (Market Cap 40,782 millions). Dividend per share of CITIC Securities (H) is 0.59 HKD, and his stock market price 17.90 HKD.

According to the chart below, where dividend yield is displayed, CITIC Securities (H) has a dividend yield of 3.31%, 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 CITIC Securities (H) dividend yield with other Financial Services companies or firms from China.

Dividend yield of CITIC Securities (H)

CITIC Securities (H) Dividend Payout

About the ability of CITIC Securities (H) to maintain his current dividend of HKD 0.59 per share, an amount that accounts for 3.31%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CITIC Securities (H) payout on ernings is currently 39.60%, which is higher than the market average, but lower than companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that CITIC Securities (H) should not have problems to continue paying his 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 Securities (H) is HKD -0.31 per share, which is lower than the dividend per share paid by the company of HKD 0.59, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of CITIC Securities (H), compared againt world market average, China companies, Financials industry and Financial Services sector companies.

CITIC Securities (H) payout

CITIC Securities (H) Dividend History

Year Yield  HKD  Paypout  Shares* 
Present3.31%0.5939.60%2,278
20203.39%0.5948.36%2,278
20192.20%0.3942.86%2,278
20183.38%0.4641.07%2,278
20172.49%0.4037.74%2,278
20163.10%0.5650.91%2,278
20151.92%0.3450.00%2,278

*In millions

CITIC Securities (H) Stock performance

Finally, last moth CITIC Securities (H) showed a return of 7.10% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a 26.10% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for China and Financial Services firms.

CITIC Securities (H) stock and market return