China Zheshang Bank Dividend
Dividend criteria checks 3/6
China Zheshang Bank is a dividend paying company with a current yield of 7.84% that is well covered by earnings.
Key information
7.9%
Dividend yield
30%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.52 |
Dividend yield forecast in 3Y | 8.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601916 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601916's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
China Zheshang Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601916) | 7.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Banks) | 5.2% |
Analyst forecast in 3 Years (601916) | 8.7% |
Notable Dividend: 601916's dividend (7.84%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601916's dividend (7.84%) is in the top 25% of dividend payers in the CN market (2.31%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 601916'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.