Bank of Qingdao Dividends and Buybacks
Dividend criteria checks 2/6
Bank of Qingdao is a dividend paying company with a current yield of 6.23% that is well covered by earnings.
Key information
6.2%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.176 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3866 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3866 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Bank of Qingdao Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3866) | 6.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast (3866) (up to 3 years) | n/a |
Notable Dividend: 3866's dividend (6.23%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 3866's dividend (6.23%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.5%), 3866'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 | 2024/12/23 08:50 |
| 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
Bank of Qingdao Co., Ltd. is covered by 8 analysts. 3 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 |
|---|---|
| Wen Ding | China Galaxy Securities Co., Ltd. |
| Tiantian Dai | China Merchants Securities Co. Ltd. |
| Feifei Xiao | Citic Securities Co., Ltd. |