Bank of Ningbo Dividend
Dividend criteria checks 5/6
Bank of Ningbo is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
16%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥3.82 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002142's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002142's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bank of Ningbo Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2142) | 2.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Banks) | 5.4% |
Analyst forecast in 3 Years (2142) | 3.4% |
Notable Dividend: 002142's dividend (2.62%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002142's dividend (2.62%) is in the top 25% of dividend payers in the CN market (2.35%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.7%), 002142's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 002142's dividends in 3 years are forecast to be well covered by earnings (15.9% payout ratio).