Bank of China Dividend

Dividend criteria checks 5/6

Bank of China is a dividend paying company with a current yield of 6.81% that is well covered by earnings. Next payment date is on 5th August, 2024 with an ex-dividend date of 8th July, 2024.

Key information

6.8%

Dividend yield

33%

Payout ratio

Industry average yield7.3%
Next dividend pay date05 Aug 24
Ex dividend date08 Jul 24
Dividend per sharen/a
Earnings per shareHK$0.73
Dividend yield forecast in 3Y7.3%

Recent dividend updates

Recent updates

Should You Be Adding Bank of China (HKG:3988) To Your Watchlist Today?

Mar 17
Should You Be Adding Bank of China (HKG:3988) To Your Watchlist Today?

With EPS Growth And More, Bank of China (HKG:3988) Makes An Interesting Case

Aug 05
With EPS Growth And More, Bank of China (HKG:3988) Makes An Interesting Case

Here's Why We Think Bank of China (HKG:3988) Is Well Worth Watching

Apr 15
Here's Why We Think Bank of China (HKG:3988) Is Well Worth Watching

What Is The Ownership Structure Like For Bank of China Limited (HKG:3988)?

Mar 18
What Is The Ownership Structure Like For Bank of China Limited (HKG:3988)?

Does Bank of China Limited (HKG:3988) Have A Place In Your Dividend Portfolio?

Feb 11
Does Bank of China Limited (HKG:3988) Have A Place In Your Dividend Portfolio?

Bank of China's(HKG:3988) Share Price Is Down 34% Over The Past Three Years.

Jan 07
Bank of China's(HKG:3988) Share Price Is Down 34% Over The Past Three Years.

What Type Of Shareholders Make Up Bank of China Limited's (HKG:3988) Share Registry?

Dec 03
What Type Of Shareholders Make Up Bank of China Limited's (HKG:3988) Share Registry?

Upcoming Dividend Payment

TodayJun 15 2024Ex Dividend DateJul 08 2024Dividend Pay DateAug 05 202428 days from Ex DividendBuy in the next 23 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 3988's dividends per share have been stable in the past 10 years.

Growing Dividend: 3988's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Bank of China Dividend Yield vs Market
How does 3988 dividend yield compare to the market?
SegmentDividend Yield
Company (3988)6.8%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)7.7%
Industry Average (Banks)7.3%
Analyst forecast in 3 Years (3988)7.3%

Notable Dividend: 3988's dividend (6.81%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.21%).

High Dividend: 3988's dividend (6.81%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.74%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.6%), 3988's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 3988's dividends in 3 years are forecast to be well covered by earnings (31.3% payout ratio).


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