China Merchants Bank Dividend history 18 years & estimates 2024 to 2026
Dividend Analysis of the China Merchants Bank Stock
| Current dividend yield | 9.32 % |
| Dividendenrendite 5 Jahre | 6.59 % |
| Dividend Yield 10Y | 2.85 % |
| Payout 3Y | 3.55 % |
When does China Merchants Bank pay a dividend?
The China Merchants Bank stock dividend is paid once a year. In order to receive a dividend, you should generally own the China Merchants Bank stock before the ex-dividend date. The Dividend Calendar shows that the ex-day date was last at July . The dividend from China Merchants Bank was paid in August.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2023 |
HKD2.162044
HKD2.16
|
Jul 03 2024
Jul 03 2024
Aug 06 2024
Jul 03 24
Aug 06 24 |
Aug 06 2024 |
annual
yearly
|
| 2022 |
HKD1.890363
HKD1.89
|
Jul 05 2023
Jul 05 2023
Aug 08 2023
Jul 05 23
Aug 08 23 |
Aug 08 2023 |
annual
yearly
|
| 2021 |
HKD1.783454
HKD1.78
|
Jul 07 2022
Jul 07 2022
Aug 10 2022
Jul 07 22
Aug 10 22 |
Aug 10 2022 |
annual
yearly
|
| 2020 |
HKD1.504382
HKD1.5
|
Jul 05 2021
Jul 05 2021
Aug 06 2021
Jul 05 21
Aug 06 21 |
Aug 06 2021 |
annual
yearly
|
| 2019 |
HKD1.312767
HKD1.31
|
Jul 02 2020
Jul 02 2020
Aug 12 2020
Jul 02 20
Aug 12 20 |
Aug 12 2020 |
annual
yearly
|
| 2018 |
HKD1.070006
HKD1.07
|
Jul 04 2019
Jul 04 2019
Aug 13 2019
Jul 04 19
Aug 13 19 |
Aug 13 2019 |
annual
yearly
|
| 2017 |
HKD1.013514
HKD1.01
|
Jul 04 2018
Jul 04 2018
Aug 13 2018
Jul 04 18
Aug 13 18 |
Aug 13 2018 |
annual
yearly
|
| 2016 |
HKD0.838812
HKD0.84
|
Jun 06 2017
Jun 06 2017
Jul 14 2017
Jun 06 17
Jul 14 17 |
Jul 14 2017 |
annual
yearly
|
| 2015 |
HKD0.810497
HKD0.81
|
Jul 05 2016
Jul 05 2016
Aug 11 2016
Jul 05 16
Aug 11 16 |
Aug 11 2016 |
annual
yearly
|
| 2014 |
HKD0.849531
HKD0.85
|
Jun 24 2015
Jun 24 2015
Jul 31 2015
Jun 24 15
Jul 31 15 |
Jul 31 2015 |
annual
yearly
|
How much dividend does China Merchants Bank pay?
China Merchants Bank paid a Dividend of HKD2.16 Per Share in the financial year 2023. With a stock price of HKD36.60 at Nov 20 2024, the current dividend yield is 5.91% (calculation: HKD2.16 / HKD36.60 = 5.91%). No special dividend was paid.
What is the China Merchants Bank Dividend Yield and payout ratio?
The average China Merchants Bank dividend yield over the last 5 years is 3.85% and the average over the last 10 years is 3.97%.
The payout ratio of China Merchants Bank in relation to the last financial year is 34.76%. The payout ratio smoothed over 3 years is 32.60%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | China Merchants Bank |
|---|---|
| Current dividend yield | 5.91% |
| Dividend Yield 5Y | 3.85% |
| Dividend Yield 10Y | 3.97% |
| Payout 1Y | 34.76% |
| Payout 3Y | 32.60% |
Is the China Merchants Bank dividend safe? Continuity & Dividend Growth
Is the China Merchants Bank dividend safe?
China Merchants Bank has been paying a dividend for 18 years and has not lowered the dividend for 8 years (dividend continuity). As a result, the dividend was recently increased 8-times.
The Dividend Growth in relation to the previous financial year amounts to 14.37%. The average China Merchants Bank Dividend Growth over the last 5 years is 15.11%. The average for the last 10 years is 10.72%.
| Metric | China Merchants Bank |
|---|---|
| Increased | 8 Years |
| Continuity | 8 Years |
| Paid | 18 Years |
| Growth 1Y | 14.37% |
| Growth 5Y | 15.11% |
| Growth 10Y | 10.72% |
Continuity
China Merchants Bank has been paying a dividend for 18 years and has not lowered the dividend for 8 years (dividend continuity). As a result, the dividend was recently increased 8-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 14.37%. The average China Merchants Bank Dividend Growth over the last 5 years is 15.11%. The average for the last 10 years is 10.72%.
China Merchants Bank Stock Forecast 2024
On the stock exchange, the China Merchants Bank stock (ISIN: CNE1000002M1) is traded at November 2024 as a Top Scorer according to the dividend strategy.
The stock price of China Merchants Bank 34.56% 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 China Merchants Bank stock price in real time at the top of the page.
China Merchants Bank (symbol: 3968) is valued at a Price / Earnings Ratio (P/E ratio) of 5.83 and a price/sales ratio (P/S ratio) of 1.69 valued. Based on analyst estimates, the China Merchants Bank stock forecast 2024 of the current financial year corresponds to a valuation of 5.91 according to P/E ratio and 2.58 according to P/S.
| Metric | China Merchants Bank |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
34.56%
|
| P/E TTM | 5.83 |
| P/S TTM | 1.69 |
| P/E forward | 5.91 |
| P/S forward | 2.58 |
China Merchants Bank (symbol: 3968) is valued at a Price / Earnings Ratio (P/E ratio) of 5.83 and a price/sales ratio (P/S ratio) of 1.69 valued. Based on analyst estimates, the China Merchants Bank stock forecast 2024 of the current financial year corresponds to a valuation of 5.91 according to P/E ratio and 2.58 according to P/S.
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