Agricultural Bank of China Dividend
Dividend criteria checks 6/6
Agricultural Bank of China is a dividend paying company with a current yield of 7% that is well covered by earnings.
Key information
7.0%
Dividend yield
32%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.72 |
Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACGB.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: ACGB.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Agricultural Bank of China Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ACGB.Y) | 7.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (ACGB.Y) | 7.8% |
Notable Dividend: ACGB.Y's dividend (7%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: ACGB.Y's dividend (7%) is in the top 25% of dividend payers in the US market (4.78%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.9%), ACGB.Y's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACGB.Y's dividends in 3 years are forecast to be well covered by earnings (30.9% payout ratio).