Agricultural Bank of China Dividends and Buybacks
Dividend criteria checks 6/6
Agricultural Bank of China is a dividend paying company with a current yield of 6.6% that is well covered by earnings.
Key information
6.6%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 7.7% |
| Future Dividend Yield | 7.2% |
| Dividend Growth | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.233 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601288's dividends per share have been stable in the past 10 years.
Growing Dividend: 601288's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Agricultural Bank of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601288) | 6.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (601288) (up to 3 years) | 7.2% |
Notable Dividend: 601288's dividend (6.6%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 601288's dividend (6.6%) 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 (47.3%), 601288's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601288's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).