China Zheshang Bank Dividend
Dividend criteria checks 3/6
China Zheshang Bank is a dividend paying company with a current yield of 8.29% that is well covered by earnings.
Key information
8.3%
Dividend yield
32%
Payout ratio
Industry average yield | 6.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.176 |
Earnings per share | HK$0.52 |
Future Dividend Yield | 9.6% |
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 18Stability 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 9 years.
Dividend Yield vs Market
China Zheshang Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2016) | 8.3% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.9% |
Industry Average (Banks) | 6.9% |
Analyst forecast (2016) (up to 3 years) | 9.6% |
Notable Dividend: 2016's dividend (8.29%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 2016's dividend (8.29%) is in the top 25% of dividend payers in the Hong Kong market (7.92%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 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.