Chongqing Rural Commercial Bank Dividends and Buybacks
Dividend criteria checks 5/6
Chongqing Rural Commercial Bank is a dividend paying company with a current yield of 7.5% that is well covered by earnings.
Key information
7.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 7.5% |
| Future Dividend Yield | 8.6% |
| Dividend Growth | 6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.312 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3618's dividends per share have been stable in the past 10 years.
Growing Dividend: 3618's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chongqing Rural Commercial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3618) | 7.5% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 6.9% |
| Analyst forecast (3618) (up to 3 years) | 8.6% |
Notable Dividend: 3618's dividend (7.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 3618's dividend (7.5%) 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 (29.8%), 3618's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3618's dividends in 3 years are forecast to be well covered by earnings (30.4% payout ratio).