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Bank of East Asia Dividend
Dividend criteria checks 2/6
Bank of East Asia is a dividend paying company with a current yield of 3.03% that is well covered by earnings. Next payment date is on 5th October, 2023 with an ex-dividend date of 7th September, 2023.
Key information
3.0%
Dividend yield
29%
Payout ratio
| Industry average yield | 7.0% |
| Next dividend pay date | 05 Oct 23 |
| Ex dividend date | 07 Sep 23 |
| Dividend per share | n/a |
| Earnings per share | HK$1.84 |
| Dividend yield forecast | 10.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 23's dividend payments have been volatile in the past 10 years.
Growing Dividend: 23's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Bank of East Asia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (23) | 3.0% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 7.0% |
| Analyst forecast (23) (up to 3 years) | 10.0% |
Notable Dividend: 23's dividend (3.03%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.8%).
High Dividend: 23's dividend (3.03%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.71%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 23'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.