Bank of Communications Dividends and Buybacks
Dividend criteria checks 6/6
Bank of Communications is a dividend paying company with a current yield of 6.75% that is well covered by earnings.
Key information
6.8%
Dividend yield
-8.6%
Buyback Yield
| Total Shareholder Yield | -1.8% |
| Future Dividend Yield | 7.3% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.364 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601328's dividends per share have been stable in the past 10 years.
Growing Dividend: 601328's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of Communications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601328) | 6.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (601328) (up to 3 years) | 7.3% |
Notable Dividend: 601328's dividend (6.75%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601328's dividend (6.75%) is in the top 25% of dividend payers in the CN market (2.17%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.5%), 601328's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601328's dividends in 3 years are forecast to be well covered by earnings (31.2% payout ratio).