China Merchants Bank Dividend
Dividend criteria checks 6/6
China Merchants Bank is a dividend paying company with a current yield of 5.24% that is well covered by earnings.
Key information
5.2%
Dividend yield
35%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.972 |
Earnings per share | CN¥5.59 |
Dividend yield forecast | 6.0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600036's dividends per share have been stable in the past 10 years.
Growing Dividend: 600036's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Merchants Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600036) | 5.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Banks) | 4.7% |
Analyst forecast (600036) (up to 3 years) | 6.0% |
Notable Dividend: 600036's dividend (5.24%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600036's dividend (5.24%) is in the top 25% of dividend payers in the CN market (2.21%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), 600036's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600036's dividends in 3 years are forecast to be well covered by earnings (34.9% payout ratio).