Jiangsu Changshu Rural Commercial Bank Dividends and Buybacks
Dividend criteria checks 4/6
Jiangsu Changshu Rural Commercial Bank is a dividend paying company with a current yield of 3.04% that is well covered by earnings.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 10.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.227 |
| Payout ratio | 18% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601128 has been paying a dividend for less than 10 years.
Growing Dividend: 601128's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Jiangsu Changshu Rural Commercial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601128) | 3.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (601128) (up to 3 years) | 5.1% |
Notable Dividend: 601128's dividend (3.04%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601128's dividend (3.04%) is in the top 25% of dividend payers in the CN market (2.15%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.4%), 601128's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601128's dividends in 3 years are forecast to be well covered by earnings (22.5% payout ratio).