Bank of Chengdu Dividend
Dividend criteria checks 4/6
Bank of Chengdu is a dividend paying company with a current yield of 6.16% that is well covered by earnings.
Key information
6.2%
Dividend yield
29%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.897 |
Earnings per share | CN¥3.07 |
Dividend yield forecast in 3Y | 8.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601838 has been paying a dividend for less than 10 years.
Growing Dividend: 601838's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Bank of Chengdu Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601838) | 6.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Banks) | 5.5% |
Analyst forecast in 3 Years (601838) | 8.6% |
Notable Dividend: 601838's dividend (6.16%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 601838's dividend (6.16%) is in the top 25% of dividend payers in the CN market (2.62%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 601838's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601838's dividends in 3 years are forecast to be well covered by earnings (28.9% payout ratio).