Bank of Jiangsu Dividend
Dividend criteria checks 4/6
Bank of Jiangsu is a dividend paying company with a current yield of 5.8% that is well covered by earnings.
Key information
5.8%
Dividend yield
29%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.470 |
| Earnings per share | CN¥1.58 |
| Dividend yield forecast | 8.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600919 has been paying a dividend for less than 10 years.
Growing Dividend: 600919's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Bank of Jiangsu Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600919) | 5.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (600919) (up to 3 years) | 8.0% |
Notable Dividend: 600919's dividend (5.8%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600919's dividend (5.8%) 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 (28.9%), 600919's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600919's dividends in 3 years are forecast to be well covered by earnings (31.1% payout ratio).