Industrial and Commercial Bank of China Dividend
Dividend criteria checks 6/6
Industrial and Commercial Bank of China is a dividend paying company with a current yield of 6.94% that is well covered by earnings.
Key information
6.9%
Dividend yield
32%
Payout ratio
Industry average yield | 5.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.97 |
Dividend yield forecast in 3Y | 7.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601398's dividends per share have been stable in the past 10 years.
Growing Dividend: 601398's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Industrial and Commercial Bank of China Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601398) | 6.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Banks) | 5.1% |
Analyst forecast in 3 Years (601398) | 7.4% |
Notable Dividend: 601398's dividend (6.94%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 601398's dividend (6.94%) is in the top 25% of dividend payers in the CN market (2.21%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 601398's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601398's dividends in 3 years are forecast to be well covered by earnings (32.5% payout ratio).