Ping An Bank Dividend
Dividend criteria checks 6/6
Ping An Bank is a dividend paying company with a current yield of 7% that is well covered by earnings.
Key information
7.0%
Dividend yield
32%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.719 |
Earnings per share | CN¥2.26 |
Dividend yield forecast in 3Y | 7.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000001's dividends per share have been stable in the past 10 years.
Growing Dividend: 000001's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ping An Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000001) | 7.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Banks) | 5.5% |
Analyst forecast in 3 Years (000001) | 7.6% |
Notable Dividend: 000001's dividend (7%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000001's dividend (7%) is in the top 25% of dividend payers in the CN market (2.64%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), 000001's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 000001's dividends in 3 years are forecast to be well covered by earnings (30.4% payout ratio).