Bank of Nanjing Dividend
Dividend criteria checks 5/6
Bank of Nanjing is a dividend paying company with a current yield of 5.1% that is well covered by earnings.
Key information
5.1%
Dividend yield
30%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.537 |
| Earnings per share | CN¥1.77 |
| Dividend yield forecast | 6.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601009's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601009's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of Nanjing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601009) | 5.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (601009) (up to 3 years) | 6.6% |
Notable Dividend: 601009's dividend (5.1%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 601009's dividend (5.1%) is in the top 25% of dividend payers in the CN market (2.54%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 601009's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601009's dividends in 3 years are forecast to be well covered by earnings (30.6% payout ratio).