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 7.36% that is well covered by earnings.
Key information
7.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.4% |
| Dividend Growth | 43.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.291 |
| 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) | 7.4% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast (9889) (up to 3 years) | 7.4% |
Notable Dividend: 9889's dividend (7.36%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.24%).
High Dividend: 9889's dividend (7.36%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.08%).
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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dongguan Rural Commercial Bank Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Felix Luo | China Merchants Securities (HK) Co., Ltd |
| Feifei Xiao | Citic Securities Co., Ltd. |
| Zhu Cao | Guotai Junan International Holdings Limited |