Chongqing Rural Commercial Bank Dividend
Dividend criteria checks 5/6
Chongqing Rural Commercial Bank is a dividend paying company with a current yield of 7.36% that is well covered by earnings.
Key information
7.4%
Dividend yield
30%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.312 |
| Earnings per share | HK$0.97 |
| Dividend yield forecast | 8.1% |
Recent dividend updates
Recent updates
Here's Why Chongqing Rural Commercial Bank (HKG:3618) Has Caught The Eye Of Investors
May 19
Chongqing Rural Commercial Bank's (HKG:3618) Dividend Will Be Increased To HK$0.30
May 30Is Chongqing Rural Commercial Bank Co., Ltd. (HKG:3618) A Smart Pick For Income Investors?
Feb 24A Look At Chongqing Rural Commercial Bank's (HKG:3618) Share Price Returns
Jan 20
Could The Chongqing Rural Commercial Bank Co., Ltd. (HKG:3618) Ownership Structure Tell Us Something Useful?
Dec 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3618's dividends per share have been stable in the past 10 years.
Growing Dividend: 3618's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chongqing Rural Commercial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3618) | 7.4% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Banks) | 6.7% |
| Analyst forecast (3618) (up to 3 years) | 8.1% |
Notable Dividend: 3618's dividend (7.36%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.18%).
High Dividend: 3618's dividend (7.36%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.85%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 3618's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3618's dividends in 3 years are forecast to be well covered by earnings (29.9% payout ratio).