China Zheshang Bank Dividend
Dividend criteria checks 3/6
China Zheshang Bank is a dividend paying company with a current yield of 7.89% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
7.9%
Dividend yield
30%
Payout ratio
Industry average yield | 7.2% |
Next dividend pay date | 15 Jul 24 |
Ex dividend date | 14 Jun 24 |
Dividend per share | n/a |
Earnings per share | HK$0.52 |
Dividend yield forecast in 3Y | 8.7% |
Recent dividend updates
Recent updates
We Think China Zheshang Bank Co., Ltd's (HKG:2016) CEO Compensation Package Needs To Be Put Under A Microscope
Jun 05Is China Zheshang Bank Co., Ltd (HKG:2016) A Smart Choice For Dividend Investors?
Mar 30Here's What China Zheshang Bank Co., Ltd's (HKG:2016) Shareholder Ownership Structure Looks Like
Feb 23How Much Did China Zheshang Bank's(HKG:2016) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 19What Can We Make Of China Zheshang Bank's (HKG:2016) CEO Compensation?
Dec 15How Does China Zheshang Bank Co., Ltd (HKG:2016) Fare As A Dividend Stock?
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2016 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2016's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
China Zheshang Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2016) | 7.9% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.6% |
Industry Average (Banks) | 7.2% |
Analyst forecast in 3 Years (2016) | 8.7% |
Notable Dividend: 2016's dividend (7.89%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2016's dividend (7.89%) is in the top 25% of dividend payers in the Hong Kong market (7.64%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 2016's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.