Postal Savings Bank of China Dividend
Dividend criteria checks 4/6
Postal Savings Bank of China is a dividend paying company with a current yield of 7.05% that is well covered by earnings. Next payment date is on 8th August, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
7.0%
Dividend yield
31%
Payout ratio
| Industry average yield | 6.4% |
| Next dividend pay date | 08 Aug 24 |
| Ex dividend date | 03 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | €0.82 |
| Dividend yield forecast in 3Y | 7.8% |
Recent dividend 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 7 years.
Dividend Yield vs Market
| Postal Savings Bank of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3YB) | 7.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast in 3 Years (3YB) | 7.8% |
Notable Dividend: 3YB's dividend (7.05%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 3YB's dividend (7.05%) is in the top 25% of dividend payers in the German market (4.77%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), 3YB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3YB's dividends in 3 years are forecast to be well covered by earnings (30% payout ratio).