Weihai City Commercial Bank Dividend
Dividend criteria checks 2/6
Weihai City Commercial Bank is a dividend paying company with a current yield of 4.07% that is well covered by earnings.
Key information
4.1%
Dividend yield
35%
Payout ratio
Industry average yield | 7.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$0.29 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9677 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9677's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Weihai City Commercial Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9677) | 4.1% |
Market Bottom 25% (HK) | 3.1% |
Market Top 25% (HK) | 7.6% |
Industry Average (Banks) | 7.0% |
Analyst forecast in 3 Years (9677) | n/a |
Notable Dividend: 9677's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.11%).
High Dividend: 9677's dividend (4.07%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.58%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.8%), 9677'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.