Agricultural Bank of China is a dividend paying company with a current yield of 7.33% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
7.3%
Dividend yield
32%
Payout ratio
Industry average yield
7.5%
Next dividend pay date
28 Jun 24
Ex dividend date
30 May 24
Dividend per share
n/a
Earnings per share
HK$0.72
Dividend yield forecast in 3Y
8.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1288's dividends per share have been stable in the past 10 years.
Growing Dividend: 1288's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Agricultural Bank of China Dividend Yield vs Market
How does 1288 dividend yield compare to the market?
Segment
Dividend Yield
Company (1288)
7.3%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Banks)
7.5%
Analyst forecast in 3 Years (1288)
8.2%
Notable Dividend: 1288's dividend (7.33%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1288's dividend (7.33%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 1288's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1288's dividends in 3 years are forecast to be well covered by earnings (30.9% payout ratio).