Bank of Shanghai Dividend
Dividend criteria checks 4/6
Bank of Shanghai is a dividend paying company with a current yield of 6.85% that is well covered by earnings.
Key information
7.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.2% |
| Dividend Growth | 11.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.560 |
| Payout ratio | 48% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601229 has been paying a dividend for less than 10 years.
Growing Dividend: 601229's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Bank of Shanghai Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601229) | 7.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (601229) (up to 3 years) | 6.2% |
Notable Dividend: 601229's dividend (6.85%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 601229's dividend (6.85%) is in the top 25% of dividend payers in the CN market (2.22%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 601229's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601229's dividends in 3 years are forecast to be well covered by earnings (31.2% payout ratio).