Bank of Changsha Dividends and Buybacks
Dividend criteria checks 4/6
Bank of Changsha is a dividend paying company with a current yield of 4.59% that is well covered by earnings.
Key information
4.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 15.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.380 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601577 has been paying a dividend for less than 10 years.
Growing Dividend: 601577's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Bank of Changsha Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601577) | 4.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (601577) (up to 3 years) | 6.3% |
Notable Dividend: 601577's dividend (4.59%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601577's dividend (4.59%) is in the top 25% of dividend payers in the CN market (2.08%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.5%), 601577's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601577's dividends in 3 years are forecast to be well covered by earnings (23% payout ratio).