Industrial and Commercial Bank of China Dividends and Buybacks
Dividend criteria checks 5/6
Industrial and Commercial Bank of China is a dividend paying company with a current yield of 6.6% that is well covered by earnings. Next payment date is on 24th January, 2025 with an ex-dividend date of 2nd January, 2025.
Key information
6.6%
Dividend yield
1.4%
Buyback Yield
Total Shareholder Yield | 8.0% |
Future Dividend Yield | 7.3% |
Dividend Growth | 3.2% |
Next dividend pay date | 24 Jan 25 |
Ex dividend date | 02 Jan 25 |
Dividend per share | HK$0.287 |
Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Should Industrial and Commercial Bank of China Limited (HKG:1398) Be Part Of Your Dividend Portfolio?
Feb 26What Is The Ownership Structure Like For Industrial and Commercial Bank of China Limited (HKG:1398)?
Jan 22Reflecting on Industrial and Commercial Bank of China's (HKG:1398) Share Price Returns Over The Last Three Years
Dec 18You Have To Love Industrial and Commercial Bank of China Limited's (HKG:1398) Dividend
Nov 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1398's dividends per share have been stable in the past 10 years.
Growing Dividend: 1398's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Industrial and Commercial Bank of China Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1398) | 6.6% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 8.0% |
Industry Average (Banks) | 6.7% |
Analyst forecast (1398) (up to 3 years) | 7.3% |
Notable Dividend: 1398's dividend (6.6%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 1398's dividend (6.6%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.03%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), 1398's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1398's dividends in 3 years are forecast to be well covered by earnings (30.7% payout ratio).