Industrial Bank Dividends and Buybacks
Dividend criteria checks 5/6
Industrial Bank is a dividend paying company with a current yield of 5.62% that is well covered by earnings.
Key information
5.8%
Dividend yield
-8.0%
Buyback Yield
| Total Shareholder Yield | -2.2% |
| Future Dividend Yield | 6.4% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.040 |
| Payout ratio | 30% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601166's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601166's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Industrial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601166) | 5.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (601166) (up to 3 years) | 6.4% |
Notable Dividend: 601166's dividend (5.62%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 601166's dividend (5.62%) is in the top 25% of dividend payers in the CN market (2.14%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), 601166's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601166's dividends in 3 years are forecast to be well covered by earnings (29.6% payout ratio).