-
市场
-
产品
-
资讯
-
Moo社区
-
课堂
-
查看更多
-
功能介绍
-
费用费用透明,无最低余额限制
投资选择、功能介绍、费用相关信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 浅色
CITIC Limited (HKG:267) Passed Our Checks, And It's About To Pay A HK$0.20 Dividend
CITIC Limited (HKG:267) Passed Our Checks, And It's About To Pay A HK$0.20 Dividend
CITIC Limited (HKG:267) is about to trade ex-dividend in the next 2 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Meaning, you will need to purchase CITIC's shares before the 21st of September to receive the dividend, which will be paid on the 11th of November.
The company's next dividend payment will be HK$0.20 per share, and in the last 12 months, the company paid a total of HK$0.63 per share. Based on the last year's worth of payments, CITIC stock has a trailing yield of around 8.0% on the current share price of HK$7.95. If you buy this business for its dividend, you should have an idea of whether CITIC's dividend is reliable and sustainable. So we need to investigate whether CITIC can afford its dividend, and if the dividend could grow.
View our latest analysis for CITIC
Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Fortunately CITIC's payout ratio is modest, at just 25% of profit. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. The good news is it paid out just 8.6% of its free cash flow in the last year.
It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously.
Click here to see the company's payout ratio, plus analyst estimates of its future dividends.
SEHK:267 Historic Dividend September 18th 2022Have Earnings And Dividends Been Growing?
Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. For this reason, we're glad to see CITIC's earnings per share have risen 18% per annum over the last five years. The company has managed to grow earnings at a rapid rate, while reinvesting most of the profits within the business. This will make it easier to fund future growth efforts and we think this is an attractive combination - plus the dividend can always be increased later.
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. CITIC has delivered an average of 3.5% per year annual increase in its dividend, based on the past 10 years of dividend payments. It's good to see both earnings and the dividend have improved - although the former has been rising much quicker than the latter, possibly due to the company reinvesting more of its profits in growth.
The Bottom Line
Has CITIC got what it takes to maintain its dividend payments? CITIC has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past 10 years, but the conservative payout ratio makes the current dividend look sustainable. There's a lot to like about CITIC, and we would prioritise taking a closer look at it.
With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. We've identified 2 warning signs with CITIC (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.
If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
中信股份(HKG:267)将在未来两天内进行除股息交易。除息日期通常被设定为记录日期之前的一个工作日,也就是你必须作为股东出现在公司账簿上才能获得股息的截止日期。除息日期是重要的,因为每当买卖一只股票时,交易至少需要两个工作日才能结算。这意味着,你需要在9月21日之前购买中信股份的股票才能获得股息,股息将在11月11日支付。
该公司下一次派发股息为每股0.2港元,过去12个月,公司共派发每股0.63港元。根据上一年的支付金额,中信股份股票的往绩收益率约为8.0%,目前股价为7.95港元。如果你收购这项业务是为了它的分红,你应该对中信股份的分红是否可靠和可持续有所了解。因此,我们需要调查中信股份是否能够支付得起股息,以及股息是否会增长。
查看我们对中信股份的最新分析
股息通常从公司收入中支付,因此,如果一家公司支付的股息超过了它的收入,它的股息通常被削减的风险更高。幸运的是,中信股份的派息率不高,仅为利润的25%。然而,在评估股息可持续性时,现金流通常比利润更重要,因此我们应该始终检查公司是否产生了足够的现金来支付股息。好消息是,去年它只支付了自由现金流的8.6%。
看到利润和现金流都涵盖了股息,这是令人鼓舞的。这通常表明,只要收益不会急剧下降,股息是可持续的。
点击此处查看该公司的派息率,以及分析师对其未来股息的估计。
联交所:267历史红利2022年9月18日盈利和股息一直在增长吗?
产生可持续收益增长的公司的股票往往是最好的股息前景,因为当收益上升时,提高股息更容易。如果业务进入低迷,股息被削减,该公司的价值可能会急剧缩水。出于这个原因,我们很高兴看到中信股份的每股收益在过去五年里以每年18%的速度增长。该公司成功地实现了收益的快速增长,同时将大部分利润再投资于业务。这将使为未来的增长努力提供资金变得更容易,我们认为这是一个有吸引力的组合-加上股息总是可以在以后增加。
许多投资者将通过评估一家公司的股息支付随着时间的推移发生了多大变化来评估公司的股息表现。根据过去10年的股息支付,中信股份的股息平均每年增长3.5%。很高兴看到收益和股息都有所改善--尽管前者的增长速度比后者快得多,这可能是因为该公司将更多利润再投资于增长。
底线
中信股份是否具备维持股息支付的条件?中信股份在对业务进行再投资的同时,实现了每股收益的增长。不幸的是,它在过去10年中至少削减了一次股息,但保守的派息率让目前的股息看起来是可持续的。中信股份有很多值得喜欢的地方,我们会优先仔细看看。
考虑到这一点,彻底的股票研究的一个关键部分是意识到股票目前面临的任何风险。我们已经确定了两个警告信号与中信股份(至少1岁,这是有点不愉快),并了解这些应该是你投资过程的一部分。
如果您正在寻找强大的股息支付者,我们建议查看我们精选的顶级股利股票。
对这篇文章有什么反馈吗?担心内容吗? 保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
风险及免责提示
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用浏览器的分享功能,分享给你的好友吧