Industrial and Commercial Bank of China Dividend history 18 years & forecast 2024 to 2026
Dividend analysis of the Industrial and Commercial Bank of China share
| Current dividend yield | 9.15 % |
| Dividendenrendite 5 Jahre | 5.53 % |
| Dividend yield 10 years | 5.72 % |
| Payout 3 years | 6.73 % |
When does Industrial and Commercial Bank of China pay a dividend?
Industrial and Commercial Bank of China pays the next dividend on Aug 19 2024 (payday). The ex-day is on Jul 08 2024. The Industrial and Commercial Bank of China share dividend is distributed once a year. In order to receive a dividend, you should generally own the Industrial and Commercial 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 Industrial and Commercial Bank of China is distributed at August.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2023 |
HKD0.335715
Forecast
HKD0.34
Forecast
|
Jul 08 2024
Jul 08 2024
Aug 19 2024
Jul 08 24
Aug 19 24 |
Aug 19 2024 |
annual
yearly
|
| 2022 |
HKD0.329236
HKD0.33
|
Jul 06 2023
Jul 06 2023
Aug 18 2023
Jul 06 23
Aug 18 23 |
Aug 18 2023 |
annual
yearly
|
| 2021 |
HKD0.343218
HKD0.34
|
Jul 04 2022
Jul 04 2022
Jul 27 2022
Jul 04 22
Jul 27 22 |
Jul 27 2022 |
annual
yearly
|
| 2020 |
HKD0.319911
HKD0.32
|
Jun 28 2021
Jun 28 2021
Jul 27 2021
Jun 28 21
Jul 27 21 |
Jul 27 2021 |
annual
yearly
|
| 2019 |
HKD0.287433
HKD0.29
|
Jun 22 2020
Jun 22 2020
Jul 21 2020
Jun 22 20
Jul 21 20 |
Jul 21 2020 |
annual
yearly
|
| 2018 |
HKD0.284773
HKD0.28
|
Jun 25 2019
Jun 25 2019
Jul 23 2019
Jun 25 19
Jul 23 19 |
Jul 23 2019 |
annual
yearly
|
| 2017 |
HKD0.289921
HKD0.29
|
Jul 05 2018
Jul 05 2018
Aug 06 2018
Jul 05 18
Aug 06 18 |
Aug 06 2018 |
annual
yearly
|
| 2016 |
HKD0.267573
HKD0.27
|
Jul 03 2017
Jul 03 2017
Aug 02 2017
Jul 03 17
Aug 02 17 |
Aug 02 2017 |
annual
yearly
|
| 2015 |
HKD0.275147
HKD0.28
|
Jun 29 2016
Jun 29 2016
Aug 17 2016
Jun 29 16
Aug 17 16 |
Aug 17 2016 |
annual
yearly
|
| 2014 |
HKD0.324042
HKD0.32
|
Jun 29 2015
Jun 29 2015
Jul 30 2015
Jun 29 15
Jul 30 15 |
Jul 30 2015 |
annual
yearly
|
How much dividend does Industrial and Commercial Bank of China pay?
Industrial and Commercial Bank of China paid a dividend of HKD0.34 per share in the financial year 2023. With a share price of HKD4.75 at Jul 02 2024, the current dividend yield is 7.07% (calculation: HKD0.34 / HKD4.75 = 7.07%). No special dividend was paid.
What is the Industrial and Commercial Bank of China dividend yield and payout ratio?
The average Industrial and Commercial Bank of China dividend yield over the last 5 years is 6.86% and the average over the last 10 years is 6.11%.
The payout ratio of Industrial and Commercial Bank of China in relation to the last financial year is 31.08%. The payout ratio smoothed over 3 years is 30.01%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Industrial and Commercial Bank of China |
|---|---|
| Current dividend yield | 7.07% |
| Dividend yield 5 yrs. | 6.86% |
| Dividend yield 10 yrs. | 6.11% |
| Payout 1 yr. | 31.08% |
| Payout 3 yrs. | 30.01% |
Is the Industrial and Commercial Bank of China dividend safe? Continuity & dividend growth
Is the Industrial and Commercial Bank of China dividend safe?
Industrial and Commercial 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 1.97%. The average Industrial and Commercial Bank of China dividend growth over the last 5 years is 3.35%. The average for the last 10 years is 0.19%.
| Metric | Industrial and Commercial Bank of China |
|---|---|
| Increased | 1 Year |
| Continuity | 1 Year |
| Paid | 18 Years |
| Growth 1 yr. | 1.97% |
| Growth 5 yrs. | 3.35% |
| Growth 10 yrs. | 0.19% |
Continuity
Industrial and Commercial 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 1.97%. The average Industrial and Commercial Bank of China dividend growth over the last 5 years is 3.35%. The average for the last 10 years is 0.19%.
Industrial and Commercial Bank of China Share forecast 2024
On the stock exchange, the Industrial and Commercial Bank of China share (ISIN: CNE1000003G1) is not traded as a top scorer in July 2024 according to the dividend strategy.
The share price of Industrial and Commercial Bank of China 23.82% 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 Industrial and Commercial Bank of China share price in real time at the top of the page.
The Industrial and Commercial Bank of China share (symbol: 1398) is valued at a price/earnings ratio (P/E ratio) of 4.28 and a price/sales ratio (P/S ratio) of 0.96 valued. Based on analyst estimates, the Industrial and Commercial Bank of China share forecast 2024 of the current financial year corresponds to a valuation of 4.50 according to P/E ratio and 1.95 according to P/S ratioe.
| Metric | Industrial and Commercial Bank of China |
|---|---|
| Dividend score | ??/15 |
| Performance 2024 |
23.82%
|
| P/E ratio TTM | 4.28 |
| P/S ratio TTM | 0.96 |
| P/E ratio expected | 4.50 |
| P/S ratio expected | 1.95 |
The Industrial and Commercial Bank of China share (symbol: 1398) is valued at a price/earnings ratio (P/E ratio) of 4.28 and a price/sales ratio (P/S ratio) of 0.96 valued. Based on analyst estimates, the Industrial and Commercial Bank of China share forecast 2024 of the current financial year corresponds to a valuation of 4.50 according to P/E ratio and 1.95 according to P/S ratioe.
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