Qingdao Rural Commercial Bank Dividend
Dividend criteria checks 3/6
Qingdao Rural Commercial Bank is a dividend paying company with a current yield of 3.83% that is well covered by earnings.
Key information
3.8%
Dividend yield
23%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Earnings per share | CN¥0.44 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002958 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002958 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Qingdao Rural Commercial Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002958) | 3.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Banks) | 5.5% |
Analyst forecast in 3 Years (002958) | n/a |
Notable Dividend: 002958's dividend (3.83%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002958's dividend (3.83%) is in the top 25% of dividend payers in the CN market (2.55%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.8%), 002958'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.