China Zheshang Bank Dividend
Dividend criteria checks 2/6
China Zheshang Bank is a dividend paying company with a current yield of 7.8% that is well covered by earnings.
Key information
7.8%
Dividend yield
30%
Payout ratio
| Industry average yield | 7.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.52 |
| Dividend yield forecast in 3Y | 8.6% |
Recent dividend updates
Recent updates
Is China Zheshang Bank Co., Ltd (HKG:2016) A Smart Choice For Dividend Investors?
Mar 30
Here's What China Zheshang Bank Co., Ltd's (HKG:2016) Shareholder Ownership Structure Looks Like
Feb 23How Much Did China Zheshang Bank's(HKG:2016) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 19What Can We Make Of China Zheshang Bank's (HKG:2016) CEO Compensation?
Dec 15
How Does China Zheshang Bank Co., Ltd (HKG:2016) Fare As A Dividend Stock?
Nov 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2016 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2016's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| China Zheshang Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2016) | 7.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Banks) | 7.5% |
| Analyst forecast in 3 Years (2016) | 8.6% |
Notable Dividend: 2016's dividend (7.8%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2016's dividend (7.8%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 2016'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.