Wuxi Rural Commercial BankLtd Dividends and Buybacks
Dividend criteria checks 3/6
Wuxi Rural Commercial BankLtd is a dividend paying company with a current yield of 3.44% that is well covered by earnings.
Key information
3.4%
Dividend yield
-15.7%
Buyback Yield
| Total Shareholder Yield | -12.2% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 11.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 20% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600908 has been paying a dividend for less than 10 years.
Growing Dividend: 600908's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Wuxi Rural Commercial BankLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600908) | 3.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (600908) (up to 3 years) | 4.4% |
Notable Dividend: 600908's dividend (3.44%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600908's dividend (3.44%) 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 (19.8%), 600908'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.