China CITIC Bank Dividend
Dividend criteria checks 5/6
China CITIC Bank is a dividend paying company with a current yield of 8.42% that is well covered by earnings.
Key information
8.4%
Dividend yield
28%
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$1.17 |
Dividend yield forecast in 3Y | 9.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CHCJ.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CHCJ.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China CITIC Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CHCJ.Y) | 8.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (CHCJ.Y) | 9.7% |
Notable Dividend: CHCJ.Y's dividend (8.42%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: CHCJ.Y's dividend (8.42%) is in the top 25% of dividend payers in the US market (4.69%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), CHCJ.Y's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CHCJ.Y's dividends in 3 years are forecast to be well covered by earnings (27.6% payout ratio).