China Minsheng Banking Dividends and Buybacks
Dividend criteria checks 5/6
China Minsheng Banking is a dividend paying company with a current yield of 6.9% that is well covered by earnings. Next payment date is on 17th December, 2024 with an ex-dividend date of 30th October, 2024.
Key information
6.9%
Dividend yield
6.4%
Buyback Yield
| Total Shareholder Yield | 13.3% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 11.7% |
| Next dividend pay date | 17 Dec 24 |
| Ex dividend date | 30 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: CMAK.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CMAK.Y'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 (CMAK.Y) | 6.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (CMAK.Y) (up to 3 years) | 6.1% |
Notable Dividend: CMAK.Y's dividend (6.9%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CMAK.Y's dividend (6.9%) is in the top 25% of dividend payers in the US market (4.38%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), CMAK.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CMAK.Y's dividends in 3 years are forecast to be well covered by earnings (31.6% payout ratio).