China Merchants Bank Dividends and Buybacks
Dividend criteria checks 5/6
China Merchants Bank is a dividend paying company with a current yield of 5.41% that is well covered by earnings.
Key information
5.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$2.139 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3968's dividends per share have been stable in the past 10 years.
Growing Dividend: 3968's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Merchants Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3968) | 5.4% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 6.9% |
| Analyst forecast (3968) (up to 3 years) | 6.1% |
Notable Dividend: 3968's dividend (5.41%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 3968's dividend (5.41%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 3968's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3968's dividends in 3 years are forecast to be well covered by earnings (34.8% payout ratio).