Industrial and Commercial Bank of China Dividend
Dividend criteria checks 5/6
Industrial and Commercial Bank of China is a dividend paying company with a current yield of 6.6% that is well covered by earnings.
Key information
6.6%
Dividend yield
46%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.318 |
| Earnings per share | HK$0.97 |
| Dividend yield forecast | 7.4% |
Recent dividend updates
Recent updates
Should Industrial and Commercial Bank of China Limited (HKG:1398) Be Part Of Your Dividend Portfolio?
Feb 26
What Is The Ownership Structure Like For Industrial and Commercial Bank of China Limited (HKG:1398)?
Jan 22Reflecting on Industrial and Commercial Bank of China's (HKG:1398) Share Price Returns Over The Last Three Years
Dec 18You Have To Love Industrial and Commercial Bank of China Limited's (HKG:1398) Dividend
Nov 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1398's dividends per share have been stable in the past 10 years.
Growing Dividend: 1398's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Industrial and Commercial Bank of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1398) | 6.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Banks) | 6.7% |
| Analyst forecast (1398) (up to 3 years) | 7.4% |
Notable Dividend: 1398's dividend (6.6%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.24%).
High Dividend: 1398's dividend (6.6%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.99%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.4%), 1398's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1398's dividends in 3 years are forecast to be well covered by earnings (30.7% payout ratio).