Industrial and Commercial Bank of China Limited

SEHK:1398 Stock Report

Market Cap: HK$2.2t

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 Yield8.0%
Future Dividend Yield7.3%
Dividend Growth3.2%
Next dividend pay date24 Jan 25
Ex dividend date02 Jan 25
Dividend per shareHK$0.287
Payout ratio46%

Recent dividend and buyback updates

Recent updates

Should Industrial and Commercial Bank of China Limited (HKG:1398) Be Part Of Your Dividend Portfolio?

Feb 26
Should Industrial and Commercial Bank of China Limited (HKG:1398) Be Part Of Your Dividend Portfolio?

What Is The Ownership Structure Like For Industrial and Commercial Bank of China Limited (HKG:1398)?

Jan 22
What Is The Ownership Structure Like For Industrial and Commercial Bank of China Limited (HKG:1398)?

Reflecting on Industrial and Commercial Bank of China's (HKG:1398) Share Price Returns Over The Last Three Years

Dec 18
Reflecting on Industrial and Commercial Bank of China's (HKG:1398) Share Price Returns Over The Last Three Years

You Have To Love Industrial and Commercial Bank of China Limited's (HKG:1398) Dividend

Nov 22
You Have To Love Industrial and Commercial Bank of China Limited's (HKG:1398) Dividend

Upcoming Dividend Payment

TodayNov 21 2024Ex Dividend DateJan 02 2025Dividend Pay DateJan 24 202522 days from Ex DividendBuy in the next 42 days to receive the upcoming dividend

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
How does 1398 dividend yield compare to the market?
SegmentDividend 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).


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