Bank of China Dividends and Buybacks
Dividend criteria checks 5/6
Bank of China is a dividend paying company with a current yield of 6.92% that is well covered by earnings.
Key information
6.9%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 7.7% |
| Future Dividend Yield | 7.1% |
| Dividend Growth | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.263 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3988's dividends per share have been stable in the past 10 years.
Growing Dividend: 3988's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3988) | 6.9% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Banks) | 6.9% |
| Analyst forecast (3988) (up to 3 years) | 7.1% |
Notable Dividend: 3988's dividend (6.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 3988's dividend (6.92%) 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 (48.5%), 3988's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3988's dividends in 3 years are forecast to be well covered by earnings (29.3% payout ratio).