Bank of Ningbo Co., Ltd.

XSEC:002142 Stock Report

Market Cap: CN¥157.6b

Bank of Ningbo Dividends and Buybacks

Dividend criteria checks 5/6

Bank of Ningbo is a dividend paying company with a current yield of 2.51% that is well covered by earnings.

Key information

2.5%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield2.5%
Future Dividend Yield3.9%
Dividend Growth-2.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.600
Payout ratio15%

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
How does 002142 dividend yield compare to the market?
SegmentDividend 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 (2.51%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002142's dividend (2.51%) is in the top 25% of dividend payers in the CN market (2.15%)


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).


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