Postal Savings Bank of China Dividends and Buybacks
Dividend criteria checks 3/6
Postal Savings Bank of China is a dividend paying company with a current yield of 7.02% 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
7.0%
Dividend yield
-12.1%
Buyback Yield
| Total Shareholder Yield | -5.1% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 10.8% |
| Next dividend pay date | 24 Jan 25 |
| Ex dividend date | 30 Dec 24 |
| Dividend per share | HK$0.295 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Postal Savings Bank of China's (HKG:1658) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 01
Key Things To Consider Before Buying Postal Savings Bank of China Co., Ltd. (HKG:1658) For Its Dividend
Mar 02How Much Did Postal Savings Bank of China's(HKG:1658) Shareholders Earn From Share Price Movements Over The Last Year?
Dec 11
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1658 has been paying a dividend for less than 10 years.
Growing Dividend: 1658'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 (1658) | 7.0% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 6.9% |
| Analyst forecast (1658) (up to 3 years) | 7.0% |
Notable Dividend: 1658's dividend (7.02%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.32%).
High Dividend: 1658's dividend (7.02%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), 1658's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1658's dividends in 3 years are forecast to be well covered by earnings (31.1% payout ratio).