Industrial Bank Dividend
Dividend criteria checks 5/6
Industrial Bank is a dividend paying company with a current yield of 5.43% that is well covered by earnings.
Key information
5.4%
Dividend yield
29%
Payout ratio
Industry average yield | 4.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.040 |
Earnings per share | CN¥3.53 |
Dividend yield forecast | 6.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601166's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601166's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Industrial Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601166) | 5.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Banks) | 4.6% |
Analyst forecast (601166) (up to 3 years) | 6.0% |
Notable Dividend: 601166's dividend (5.43%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 601166's dividend (5.43%) is in the top 25% of dividend payers in the CN market (2.19%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 601166's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601166's dividends in 3 years are forecast to be well covered by earnings (29.3% payout ratio).