Dongguan Rural Commercial Bank Dividends and Buybacks
Dividend criteria checks 3/6
Dongguan Rural Commercial Bank is a dividend paying company with a current yield of 8.07% that is well covered by earnings.
Key information
8.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.1% |
| Dividend Growth | 52.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.287 |
| Payout ratio | 39% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 857 has been paying a dividend for less than 10 years.
Growing Dividend: 857 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Dongguan Rural Commercial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (857) | 8.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (857) (up to 3 years) | 8.1% |
Notable Dividend: 857's dividend (8.07%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 857's dividend (8.07%) is in the top 25% of dividend payers in the German market (4.82%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 857'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.