Bank of Changsha Co., Ltd.

XSSC:601577 Stock Report

Market Cap: CN¥32.1b

Bank of Changsha Dividend

Dividend criteria checks 3/6

Bank of Changsha is a dividend paying company with a current yield of 4.76% that is well covered by earnings.

Key information

4.8%

Dividend yield

20%

Payout ratio

Industry average yield5.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥1.88
Dividend yield forecast in 3Y7.0%

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 601577 has been paying a dividend for less than 10 years.

Growing Dividend: 601577's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Bank of Changsha Dividend Yield vs Market
How does 601577 dividend yield compare to the market?
SegmentDividend Yield
Company (601577)4.8%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Banks)5.4%
Analyst forecast in 3 Years (601577)7.0%

Notable Dividend: 601577's dividend (4.76%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 601577's dividend (4.76%) is in the top 25% of dividend payers in the CN market (2.41%)


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.2%), 601577'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.


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