Bank of Suzhou is a dividend paying company with a current yield of 4.88% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 6th June, 2024.
Key information
4.9%
Dividend yield
31%
Payout ratio
Industry average yield
5.2%
Next dividend pay date
06 Jun 24
Ex dividend date
06 Jun 24
Dividend per share
n/a
Earnings per share
CN¥1.24
Dividend yield forecast in 3Y
6.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002966 has been paying a dividend for less than 10 years.
Growing Dividend: 002966's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Bank of Suzhou Dividend Yield vs Market
How does 2966 dividend yield compare to the market?
Segment
Dividend Yield
Company (2966)
4.9%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.3%
Industry Average (Banks)
5.2%
Analyst forecast in 3 Years (2966)
6.7%
Notable Dividend: 002966's dividend (4.88%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002966's dividend (4.88%) is in the top 25% of dividend payers in the CN market (2.3%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), 002966'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.