Jiangsu Zijin Rural Commercial BankLtd Dividend
Dividend criteria checks 3/6
Jiangsu Zijin Rural Commercial BankLtd is a dividend paying company with a current yield of 3.34% that is well covered by earnings.
Key information
3.3%
Dividend yield
22%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.45 |
| Dividend yield forecast | 3.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601860 has been paying a dividend for less than 10 years.
Growing Dividend: 601860 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Jiangsu Zijin Rural Commercial BankLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601860) | 3.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Banks) | 4.7% |
| Analyst forecast (601860) (up to 3 years) | 3.3% |
Notable Dividend: 601860's dividend (3.34%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 601860's dividend (3.34%) is in the top 25% of dividend payers in the CN market (2.21%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), 601860'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.