China Minsheng Banking Dividends and Buybacks
Dividend criteria checks 5/6
China Minsheng Banking is a dividend paying company with a current yield of 6.81% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 29th October, 2024.
Key information
6.8%
Dividend yield
6.3%
Buyback Yield
| Total Shareholder Yield | 13.1% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 11.7% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 29 Oct 24 |
| Dividend per share | US$0.0365 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGMB.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CGMB.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Minsheng Banking Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGMB.F) | 6.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (CGMB.F) (up to 3 years) | 6.0% |
Notable Dividend: CGMB.F's dividend (6.81%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: CGMB.F's dividend (6.81%) is in the top 25% of dividend payers in the US market (4.55%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), CGMB.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CGMB.F's dividends in 3 years are forecast to be well covered by earnings (31.6% payout ratio).