China Merchants Bank Dividends and Buybacks
Dividend criteria checks 6/6
China Merchants Bank is a dividend paying company with a current yield of 5.41% that is well covered by earnings.
Key information
5.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.273 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIHK.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: CIHK.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Merchants Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIHK.Y) | 5.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (CIHK.Y) (up to 3 years) | 6.1% |
Notable Dividend: CIHK.Y's dividend (5.41%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CIHK.Y's dividend (5.41%) is in the top 25% of dividend payers in the US market (4.21%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), CIHK.Y's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CIHK.Y's dividends in 3 years are forecast to be well covered by earnings (34.8% payout ratio).