Industrial and Commercial Bank of China Dividend
Dividend criteria checks 6/6
Industrial and Commercial Bank of China is a dividend paying company with a current yield of 7.29% that is well covered by earnings.
Key information
7.3%
Dividend yield
32%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.97 |
Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ICK's dividends per share have been stable in the past 10 years.
Growing Dividend: ICK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Industrial and Commercial Bank of China Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ICK) | 7.3% |
Market Bottom 25% (BG) | 0.8% |
Market Top 25% (BG) | 5.9% |
Industry Average (Banks) | 6.4% |
Analyst forecast in 3 Years (ICK) | 7.8% |
Notable Dividend: ICK's dividend (7.29%) is higher than the bottom 25% of dividend payers in the BG market (0.83%).
High Dividend: ICK's dividend (7.29%) is in the top 25% of dividend payers in the BG market (5.93%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), ICK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ICK's dividends in 3 years are forecast to be well covered by earnings (32.6% payout ratio).