Luzhou Bank Dividend
Dividend criteria checks 2/6
Luzhou Bank is a dividend paying company with a current yield of 4.52% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 24th May, 2024.
Key information
4.5%
Dividend yield
27%
Payout ratio
| Industry average yield | 7.5% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 24 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.36 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Do Luzhou Bank's (HKG:1983) Earnings Warrant Your Attention?
Aug 03
Here's Why We Think Luzhou Bank (HKG:1983) Is Well Worth Watching
Jan 31Investors Who Bought Luzhou Bank (HKG:1983) Shares A Year Ago Are Now Up 15%
Feb 19Could Luzhou Bank Co., Ltd. (HKG:1983) Have The Makings Of Another Dividend Aristocrat?
Dec 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1983 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1983 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Luzhou Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1983) | 4.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Banks) | 7.5% |
| Analyst forecast in 3 Years (1983) | n/a |
Notable Dividend: 1983's dividend (4.52%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1983's dividend (4.52%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.2%), 1983'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.