China Zheshang Bank Dividends and Buybacks
Dividend criteria checks 3/6
China Zheshang Bank is a dividend paying company with a current yield of 8.06% that is well covered by earnings.
Key information
8.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 8.1% |
| Future Dividend Yield | 9.3% |
| Dividend Growth | 17.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.164 |
| Payout ratio | 32% |
Recent dividend and buyback 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 9 years.
Dividend Yield vs Market
| China Zheshang Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601916) | 8.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (601916) (up to 3 years) | 9.3% |
Notable Dividend: 601916's dividend (8.06%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 601916's dividend (8.06%) is in the top 25% of dividend payers in the CN market (2.14%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 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.