Jiangsu Zhangjiagang Rural Commercial Bank Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Zhangjiagang Rural Commercial Bank is a dividend paying company with a current yield of 4.63% that is well covered by earnings.
Key information
4.6%
Dividend yield
-4.5%
Buyback Yield
| Total Shareholder Yield | 0.1% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 16.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 24% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002839 has been paying a dividend for less than 10 years.
Growing Dividend: 002839's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Jiangsu Zhangjiagang Rural Commercial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002839) | 4.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (002839) (up to 3 years) | 4.9% |
Notable Dividend: 002839's dividend (4.63%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002839's dividend (4.63%) is in the top 25% of dividend payers in the CN market (2.17%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), 002839'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.