China Construction Bank Dividends and Buybacks
Dividend criteria checks 6/6
China Construction Bank is a dividend paying company with a current yield of 7.25% that is well covered by earnings.
Key information
7.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 7.2% |
| Future Dividend Yield | 7.8% |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.394 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601939's dividends per share have been stable in the past 10 years.
Growing Dividend: 601939's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Construction Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601939) | 7.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (601939) (up to 3 years) | 7.8% |
Notable Dividend: 601939's dividend (7.25%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601939's dividend (7.25%) 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 (30.8%), 601939's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601939's dividends in 3 years are forecast to be well covered by earnings (30.5% payout ratio).