Bank of China Dividend history 18 years & forecast 2024 to 2026
Dividend analysis of the Bank of China share
| Current dividend yield | 4.76 % |
| Dividendenrendite 5 Jahre | 4.29 % |
| Dividend yield 10 years | 3.2 % |
| Payout 3 years | 8.75 % |
When does Bank of China pay a dividend?
Bank of China pays the next dividend on Aug 05 2024 (payday). The ex-day is on Jul 08 2024. The Bank of China share dividend is distributed once a year. In order to receive a dividend, you should generally own the Bank of China share before the ex-dividend date. The dividend calendar shows that the ex-day date was last at July . The dividend from Bank of China is distributed at August.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2023 |
HKD0.25907
Forecast
HKD0.26
Forecast
|
Jul 08 2024
Jul 08 2024
Aug 05 2024
Jul 08 24
Aug 05 24 |
Aug 05 2024 |
annual
yearly
|
| 2022 |
HKD0.251902
HKD0.25
|
Jul 06 2023
Jul 06 2023
Aug 04 2023
Jul 06 23
Aug 04 23 |
Aug 04 2023 |
annual
yearly
|
| 2021 |
HKD0.258911
HKD0.26
|
Jul 07 2022
Jul 07 2022
Aug 10 2022
Jul 07 22
Aug 10 22 |
Aug 10 2022 |
annual
yearly
|
| 2020 |
HKD0.237644
HKD0.24
|
May 27 2021
May 27 2021
Jun 30 2021
May 27 21
Jun 30 21 |
Jun 30 2021 |
annual
yearly
|
| 2019 |
HKD0.209321
HKD0.21
|
Jul 07 2020
Jul 07 2020
Aug 07 2020
Jul 07 20
Aug 07 20 |
Aug 07 2020 |
annual
yearly
|
| 2018 |
HKD0.210827
HKD0.21
|
May 23 2019
May 23 2019
Jun 18 2019
May 23 19
Jun 18 19 |
Jun 18 2019 |
annual
yearly
|
| 2017 |
HKD0.211559
HKD0.21
|
Jul 05 2018
Jul 05 2018
Aug 08 2018
Jul 05 18
Aug 08 18 |
Aug 08 2018 |
annual
yearly
|
| 2016 |
HKD0.192289
HKD0.19
|
Jul 06 2017
Jul 06 2017
Aug 09 2017
Jul 06 17
Aug 09 17 |
Aug 09 2017 |
annual
yearly
|
| 2015 |
HKD0.206952
HKD0.21
|
Jun 16 2016
Jun 16 2016
Jul 20 2016
Jun 16 16
Jul 20 16 |
Jul 20 2016 |
annual
yearly
|
| 2014 |
HKD0.240845
HKD0.24
|
Jun 25 2015
Jun 25 2015
Jul 29 2015
Jun 25 15
Jul 29 15 |
Jul 29 2015 |
annual
yearly
|
How much dividend does Bank of China pay?
Bank of China paid a dividend of HKD0.26 per share in the financial year 2023. With a share price of HKD3.86 at Jul 02 2024, the current dividend yield is 6.71% (calculation: HKD0.26 / HKD3.86 = 6.71%). No special dividend was paid.
What is the Bank of China dividend yield and payout ratio?
The average Bank of China dividend yield over the last 5 years is 8.23% and the average over the last 10 years is 6.80%.
The payout ratio of Bank of China in relation to the last financial year is 31.98%. The payout ratio smoothed over 3 years is 30.92%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Bank of China |
|---|---|
| Current dividend yield | 6.71% |
| Dividend yield 5 yrs. | 8.23% |
| Dividend yield 10 yrs. | 6.80% |
| Payout 1 yr. | 31.98% |
| Payout 3 yrs. | 30.92% |
Is the Bank of China dividend safe? Continuity & dividend growth
Is the Bank of China dividend safe?
Bank of China has been paying a dividend for 18 years and has not reduced the dividend since 1 (dividend continuity). As a result, the dividend was recently increased1-times.
The dividend growth in relation to the previous financial year amounts to 2.85%. The average Bank of China dividend growth over the last 5 years is 4.21%. The average for the last 10 years is 0.48%.
| Metric | Bank of China |
|---|---|
| Increased | 1 Year |
| Continuity | 1 Year |
| Paid | 18 Years |
| Growth 1 yr. | 2.85% |
| Growth 5 yrs. | 4.21% |
| Growth 10 yrs. | 0.48% |
Continuity
Bank of China has been paying a dividend for 18 years and has not reduced the dividend since 1 (dividend continuity). As a result, the dividend was recently increased1-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 2.85%. The average Bank of China dividend growth over the last 5 years is 4.21%. The average for the last 10 years is 0.48%.
Bank of China Share forecast 2024
On the stock exchange, the Bank of China share (ISIN: CNE1000001Z5) is not traded as a top scorer in July 2024 according to the dividend strategy.
The share price of Bank of China 28.52% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Bank of China share price in real time at the top of the page.
The Bank of China share (symbol: 3988) is valued at a price/earnings ratio (P/E ratio) of 4.52 and a price/sales ratio (P/S ratio) of 0.84 valued. Based on analyst estimates, the Bank of China share forecast 2024 of the current financial year corresponds to a valuation of 4.85 according to P/E ratio and 1.72 according to P/S ratioe.
| Metric | Bank of China |
|---|---|
| Dividend score | ??/15 |
| Performance 2024 |
28.52%
|
| P/E ratio TTM | 4.52 |
| P/S ratio TTM | 0.84 |
| P/E ratio expected | 4.85 |
| P/S ratio expected | 1.72 |
The Bank of China share (symbol: 3988) is valued at a price/earnings ratio (P/E ratio) of 4.52 and a price/sales ratio (P/S ratio) of 0.84 valued. Based on analyst estimates, the Bank of China share forecast 2024 of the current financial year corresponds to a valuation of 4.85 according to P/E ratio and 1.72 according to P/S ratioe.
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