Postal Savings Bank of China Dividends and Buybacks
Dividend criteria checks 4/6
Postal Savings Bank of China is a dividend paying company with a current yield of 6.92% that is well covered by earnings. Next payment date is on 24th January, 2025 with an ex-dividend date of 30th December, 2024.
Key information
6.9%
Dividend yield
-11.8%
Buyback Yield
| Total Shareholder Yield | -4.9% |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 10.8% |
| Next dividend pay date | 24 Jan 25 |
| Ex dividend date | 30 Dec 24 |
| Dividend per share | €0.295 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3YB has been paying a dividend for less than 10 years.
Growing Dividend: 3YB's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Postal Savings Bank of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3YB) | 6.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Banks) | 6.3% |
| Analyst forecast (3YB) (up to 3 years) | 6.9% |
Notable Dividend: 3YB's dividend (6.92%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 3YB's dividend (6.92%) is in the top 25% of dividend payers in the German market (4.86%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), 3YB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3YB's dividends in 3 years are forecast to be well covered by earnings (31.1% payout ratio).