Bank of Guizhou Dividend
Dividend criteria checks 2/6
Bank of Guizhou is a dividend paying company with a current yield of 3.49% that is well covered by earnings. Next payment date is on 22nd August, 2024 with an ex-dividend date of 18th July, 2024.
Key information
3.5%
Dividend yield
21%
Payout ratio
| Industry average yield | 7.1% |
| Next dividend pay date | 22 Aug 24 |
| Ex dividend date | 18 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6199 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6199 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Bank of Guizhou Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6199) | 3.5% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Banks) | 7.1% |
| Analyst forecast in 3 Years (6199) | n/a |
Notable Dividend: 6199's dividend (3.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 6199's dividend (3.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.84%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.6%), 6199'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.