Bank of Changsha Dividend
Dividend criteria checks 4/6
Bank of Changsha is a dividend paying company with a current yield of 5.11% that is well covered by earnings.
Key information
5.1%
Dividend yield
20%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.380 |
Earnings per share | CN¥1.88 |
Dividend yield forecast in 3Y | 7.2% |
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 |
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Segment | Dividend Yield |
---|---|
Company (601577) | 5.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Banks) | 5.5% |
Analyst forecast in 3 Years (601577) | 7.2% |
Notable Dividend: 601577's dividend (5.11%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 601577's dividend (5.11%) is in the top 25% of dividend payers in the CN market (2.67%)
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: 601577's dividends in 3 years are forecast to be well covered by earnings (24% payout ratio).