Bank of Ningbo Dividends and Buybacks
Dividend criteria checks 5/6
Bank of Ningbo is a dividend paying company with a current yield of 2.5% that is well covered by earnings.
Key information
2.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | -2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 15% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002142) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (002142) (up to 3 years) | 3.9% |
Notable Dividend: 002142's dividend (2.5%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002142's dividend (2.5%) 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 (15.4%), 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 (16.7% payout ratio).