Bank of Communications Dividend
Dividend criteria checks 5/6
Bank of Communications is a dividend paying company with a current yield of 7.16% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
7.2%
Dividend yield
33%
Payout ratio
| Industry average yield | 7.5% |
| Next dividend pay date | 31 Jul 24 |
| Ex dividend date | 02 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.15 |
| Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
Recent updates
Does Bank of Communications (HKG:3328) Deserve A Spot On Your Watchlist?
Sep 07
Here's Why Bank of Communications (HKG:3328) Has Caught The Eye Of Investors
Aug 23Bank of Communications (HKG:3328) Is Paying Out A Larger Dividend Than Last Year
Jun 30Do Bank of Communications's (HKG:3328) Earnings Warrant Your Attention?
May 04I Ran A Stock Scan For Earnings Growth And Bank of Communications (HKG:3328) Passed With Ease
Jan 13Does Bank of Communications (HKG:3328) Deserve A Spot On Your Watchlist?
Sep 30Bank of Communications (HKG:3328) Is Increasing Its Dividend To HK$0.38
Jul 03Would Shareholders Who Purchased Bank of Communications' (HKG:3328) Stock Three Years Be Happy With The Share price Today?
Feb 24What You Need To Know About Bank of Communications Co., Ltd.'s (HKG:3328) Investor Composition
Jan 25What To Know Before Buying Bank of Communications Co., Ltd. (HKG:3328) For Its Dividend
Dec 30
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3328's dividends per share have been stable in the past 10 years.
Growing Dividend: 3328's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of Communications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3328) | 7.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Banks) | 7.5% |
| Analyst forecast in 3 Years (3328) | 7.8% |
Notable Dividend: 3328's dividend (7.16%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 3328's dividend (7.16%) 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 (32.7%), 3328's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3328's dividends in 3 years are forecast to be well covered by earnings (31.2% payout ratio).