Jiangsu Zijin Rural Commercial BankLtd Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Zijin Rural Commercial BankLtd is a dividend paying company with a current yield of 3.53% that is well covered by earnings.
Key information
3.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 11.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 23% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601860 has been paying a dividend for less than 10 years.
Growing Dividend: 601860 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Jiangsu Zijin Rural Commercial BankLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601860) | 3.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (601860) (up to 3 years) | 3.5% |
Notable Dividend: 601860's dividend (3.53%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601860's dividend (3.53%) 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 (22.6%), 601860'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.