Chongqing Rural Commercial Bank Dividends and Buybacks
Dividend criteria checks 6/6
Chongqing Rural Commercial Bank is a dividend paying company with a current yield of 8.14% that is well covered by earnings.
Key information
8.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 8.1% |
| Future Dividend Yield | 9.0% |
| Dividend Growth | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0399 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CRCB.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: CRCB.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chongqing Rural Commercial Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CRCB.Y) | 8.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (CRCB.Y) (up to 3 years) | 9.0% |
Notable Dividend: CRCB.Y's dividend (8.14%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: CRCB.Y's dividend (8.14%) is in the top 25% of dividend payers in the US market (4.29%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), CRCB.Y's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CRCB.Y's dividends in 3 years are forecast to be well covered by earnings (28.4% payout ratio).