CITIC Securities (H) Dividend yield

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) stock dividend

CITIC Securities (H) paid a total dividend of 1,389 million HKD last year, for a market value of 40,138 millions (Market Cap 34,379 millions). CITIC Securities (H) dividend per share is 0.53 HKD, and his stock market price 15.32 HKD.

According to the chart below, where dividend yield is displayed, CITIC Securities (H) has a dividend yield of 3.44%, which is similar to the amount offered by both the market average and companies from China. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare CITIC Securities (H) stocks dividend with other Financial Services companies or other of the best China dividend stocks list.

CITIC Securities (H) Dividend Payout

About the ability of CITIC Securities (H) to maintain his current dividend of HKD 0.53 per share, an amount that accounts for 3.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CITIC Securities (H) payout on ernings is currently 32.52%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that CITIC Securities (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 CITIC Securities (H) is HKD 5.89 per share, which is higher than the dividend per share paid by the company of HKD 0.53, 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 Securities (H), compared againt world market average, China companies, Financials industry and Financial Services sector companies.

CITIC Securities (H) Dividend History

Below you will find a table with the historical evolution of CITIC Securities (H)'s dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	3.44%	0.53	32.52%	2,620
2022	3.84%	0.61	32.45%	2,620
2021	2.40%	0.49	32.03%	2,278
2020	3.39%	0.59	48.36%	2,278
2019	2.20%	0.39	42.86%	2,278
2018	3.38%	0.46	41.07%	2,278
2017	2.49%	0.40	37.74%	2,278
2016	3.10%	0.56	50.91%	2,278
2015	1.92%	0.34	50.00%	2,278

*In millions

Then you can see the evolution of CITIC Securities (H) dividend stock, and compare it with the average of China stocks and that of the Financial Services stocks.

CITIC Securities (H) Stock performance

Finally, last moth CITIC Securities (H) showed a return of -8.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -4.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Financial Services firms.