Jiangsu Changshu Rural Commercial Bank Dividend
Dividend criteria checks 4/6
Jiangsu Changshu Rural Commercial Bank is a dividend paying company with a current yield of 2.98% that is well covered by earnings.
Key information
3.0%
Dividend yield
20%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.14 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend 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 7 years.
Dividend Yield vs Market
Jiangsu Changshu Rural Commercial Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601128) | 3.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Banks) | 5.3% |
Analyst forecast in 3 Years (601128) | 4.9% |
Notable Dividend: 601128's dividend (2.98%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 601128's dividend (2.98%) is in the top 25% of dividend payers in the CN market (2.54%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.9%), 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 (21.9% payout ratio).