China Merchants Bank Dividend
Dividend criteria checks 6/6
China Merchants Bank is a dividend paying company with a current yield of 5.75% that is well covered by earnings.
Key information
5.7%
Dividend yield
35%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥5.60 |
Dividend yield forecast in 3Y | 7.0% |
Recent dividend updates
Recent 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 |
---|
Segment | Dividend Yield |
---|---|
Company (600036) | 5.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Banks) | 5.4% |
Analyst forecast in 3 Years (600036) | 7.0% |
Notable Dividend: 600036's dividend (5.75%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600036's dividend (5.75%) is in the top 25% of dividend payers in the CN market (2.35%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 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 (35.3% payout ratio).