Zhejiang Shaoxing RuiFeng Rural Commercial BankLtd is a dividend paying company with a current yield of 3.49% that is well covered by earnings. Next payment date is on 9th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
3.5%
Dividend yield
20%
Payout ratio
Industry average yield
5.4%
Next dividend pay date
09 May 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
CN¥0.91
Dividend yield forecast in 3Y
5.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601528 has been paying a dividend for less than 10 years.
Growing Dividend: 601528's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Zhejiang Shaoxing RuiFeng Rural Commercial BankLtd Dividend Yield vs Market
How does 601528 dividend yield compare to the market?
Segment
Dividend Yield
Company (601528)
3.5%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.4%
Industry Average (Banks)
5.4%
Analyst forecast in 3 Years (601528)
5.4%
Notable Dividend: 601528's dividend (3.49%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601528's dividend (3.49%) is in the top 25% of dividend payers in the CN market (2.35%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), 601528's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.