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CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production of oil and coal. The company operates through four segments: Aluminum Smelting, Coal, Import and Export of Commodities, and Crude Oil. The Aluminum smelting segment operates a Portland aluminum smelter, which sources alumina and produces aluminum ingots in Australia. The Coal segment mines and sells coal in Australia. The Import and Export of Commodities segment exports various commodity products, such as aluminum ingots, alumina, and copper; and imports other commodities and manufactured goods, including steel, vehicle and industrial batteries, and tyres in Australia. The Crude Oil segment explores, develops, and operates oilfields, as well as sells oil in Indonesia and China. It also engages in financing; oil technology development; and property holding activities, as well as provides consulting and management services. The company was incorporated in 1997 and is headquartered in Kowloon, Hong Kong. CITIC Resources Holdings Limited is a subsidiary of CITIC Group Corporation.

CITIC Resources Dividend Announcement

CITIC Resources announced a annually dividend of $0.64 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-06-18
CITIC Resources annual dividend for 2024 was $0.64
CITIC Resources annual dividend for 2023 was $1.53
CITIC Resources's trailing twelve-month (TTM) dividend yield is 7.88%
CITIC Resources's payout ratio for the trailing twelve months (TTM) is 90.36%

CITIC Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-18$0.64annually2024-08-02
2023-06-16$1.53annually2023-08-02
2022-06-17$1.15annually2022-08-03
2019-06-24$0.90annually2019-07-31
2018-06-25$0.64annually2018-08-01

CITIC Resources Dividend per year

CITIC Resources Dividend growth

CITIC Resources Dividend Yield

CITIC Resources current trailing twelve-month (TTM) dividend yield is 7.88%. Interested in purchasing CITIC Resources stock? Use our calculator to estimate your expected dividend yield:

CITIC Resources Financial Ratios

P/E ratio4.75
PEG ratio0.01
P/B ratio0.32
ROE6.69%
Payout ratio90.36%
Current ratio1.31
Quick ratio1.16
Cash Ratio0.26

CITIC Resources Dividend FAQ

How much is the next CITIC Resources dividend?
CITIC Resources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CITIC Resources dividend. The next CITIC Resources dividend will be released in June.
When is CITIC Resources dividend paid?
CITIC Resources pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does CITIC Resources pay?
The specific amount of CITIC Resources dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CITIC Resources's dividend history.
Does CITIC Resources stock pay dividends?
Yes, CITIC Resources does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CITIC Resources's dividend history.
How much dividend does CITIC Resources pay?
CITIC Resources paid $0.639 in 2024, $1.533 in 2023, $1.146 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does CITIC Resources pay dividends?
CITIC Resources typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is CITIC Resources's dividend yield?
The current dividend yield for CITIC Resources is 7.88%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate CITIC Resources's exact dividend yield.
When does CITIC Resources go ex dividend?
CITIC Resources's ex-dividend date for the latest dividend was on 2024-06-18. CITIC Resources typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next CITIC Resources dividend paid?
CITIC Resources pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will CITIC Resources increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether CITIC Resources will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is CITIC Resources dividend per share?
CITIC Resources paid $0.639 per share in 2024 and $1.533 per share in 2023. The amount of dividend per share that CITIC Resources pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is CITIC Resources a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CITIC Resources a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CITIC Resources a dividend stock?
Yes, CITIC Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CITIC Resources a good dividend stock?
Whether CITIC Resources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CITIC Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating CITIC Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does CITIC Resources pay dividends monthly?
CITIC Resources typically pays dividends on a annually basis.
Does CITIC Resources pay dividends quarterly?
CITIC Resources currently pays dividends on a annually basis.
Has CITIC Resources ever paid a dividend?
Yes, CITIC Resources has a history of paying dividends to its shareholders. CITIC Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CITIC Resources dividend stocks?
To buy CITIC Resources you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy CITIC Resources stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does CITIC Resources pay dividends 2024?
CITIC Resources pays dividends on a annually basis. 2024 dividend payments are in 2024-08-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will CITIC Resources increase its dividend in 2024?
Decisions regarding CITIC Resources dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date CITIC Resources dividend overview you can look into the above table of dividend history.
How CITIC Resources dividend works?
The CITIC Resources dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how CITIC Resources's dividend process works:

1. Determination of Dividend: CITIC Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, CITIC Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, CITIC Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from CITIC Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are CITIC Resources dividends paid?
CITIC Resources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: CITIC Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, CITIC Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: CITIC Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does CITIC Resources pay dividends?
CITIC Resources typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does CITIC Resources pay dividends?
The general pattern is that CITIC Resources pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CITIC Resources dividend safe?
The safety of CITIC Resources's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of CITIC Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review CITIC Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.