Oversea-Chinese Banking is a dividend paying company with a current yield of 5.89% that is well covered by earnings. Next payment date is on 5th June, 2024 with an ex-dividend date of 8th May, 2024.
Key information
5.9%
Dividend yield
53%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
05 Jun 24
Ex dividend date
08 May 24
Dividend per share
n/a
Earnings per share
US$1.56
Dividend yield forecast in 3Y
6.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OVCH.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: OVCH.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Oversea-Chinese Banking Dividend Yield vs Market
How does OVCH.Y dividend yield compare to the market?
Segment
Dividend Yield
Company (OVCH.Y)
5.9%
Market Bottom 25% (US)
1.6%
Market Top 25% (US)
4.8%
Industry Average (Banks)
3.1%
Analyst forecast in 3 Years (OVCH.Y)
6.3%
Notable Dividend: OVCH.Y's dividend (5.89%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: OVCH.Y's dividend (5.89%) is in the top 25% of dividend payers in the US market (4.82%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.9%), OVCH.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OVCH.Y's dividends in 3 years are forecast to be covered by earnings (54.6% payout ratio).