Dongguan Rural Commercial Bank Dividends and Buybacks
Dividend criteria checks 2/6
Dongguan Rural Commercial Bank is a dividend paying company with a current yield of 8% that is well covered by earnings.
Key information
8.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.0% |
| Dividend Growth | 52.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.287 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9889 has been paying a dividend for less than 10 years.
Growing Dividend: 9889 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Dongguan Rural Commercial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9889) | 8.0% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Banks) | 6.7% |
| Analyst forecast (9889) (up to 3 years) | 8.0% |
Notable Dividend: 9889's dividend (8%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 9889's dividend (8%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.03%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 9889'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.