China Merchants Bank Dividend
Dividend criteria checks 5/6
China Merchants Bank is a dividend paying company with a current yield of 5.47% that is well covered by earnings.
Key information
5.5%
Dividend yield
35%
Payout ratio
Industry average yield | 6.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$5.60 |
Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3968's dividends per share have been stable in the past 10 years.
Growing Dividend: 3968's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Merchants Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3968) | 5.5% |
Market Bottom 25% (HK) | 3.1% |
Market Top 25% (HK) | 7.4% |
Industry Average (Banks) | 6.7% |
Analyst forecast in 3 Years (3968) | 6.5% |
Notable Dividend: 3968's dividend (5.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.07%).
High Dividend: 3968's dividend (5.47%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.43%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 3968's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3968's dividends in 3 years are forecast to be well covered by earnings (35% payout ratio).