Bk of Communications Dividend yield




   HKD/share 
 Price  4.62
 Dividend  0.38
 Earnings  1.22
 Cash-flow  3.30
 Book value  11.55
 Equity  11.73

Bk of Communications is part of Banks business, which is part of Financials industry. Bk of Communications is a company from China, and his stocks are publicly traded.

Bk of Communications paid a total dividend of 13,305 million HKD last year, for a market value of 161,755 millions (Market Cap 33,616 millions). Dividend per share of Bk of Communications is 0.38 HKD, and his stock market price 4.62 HKD.

According to the chart below, where dividend yield is displayed, Bk of Communications has a dividend yield of 8.24%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Bk of Communications dividend yield with other Banks companies or firms from China.

Dividend yield of Bk of Communications

Bk of Communications Dividend Payout

About the ability of Bk of Communications to maintain his current dividend of HKD 0.38 per share, an amount that accounts for 8.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bk of Communications payout on ernings is currently 31.15%, which is lower than the market average and companies of Financials industry, which are 39.27% and 38.98% respectively. Both figures lead us to believe that there is confidence that Bk of Communicationscan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Bk of Communications is HKD 3.30 per share, which is higher than the dividend per share paid by the company of HKD 0.38, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bk of Communications, compared againt world market average, China companies, Financials industry and Banks sector companies.

Bk of Communications payout

Bk of Communications Dividend History

Year Yield  HKD  Paypout  Shares* 
Present8.24%0.3831.15%35,012
20208.41%0.3428.10%35,012
20196.06%0.3431.78%35,012
20185.62%0.3432.69%35,012
20175.37%0.3128.97%35,012
20165.10%0.3029.70%35,012
20156.06%0.3330.56%35,012

*In millions

Bk of Communications Stock performance

Finally, last moth Bk of Communications showed a return of 3.40% compared to a worldwide -1.34% average, and a -1.34% of Financials firms. Over the last year, the company obtained a 24.20% versus a worldwide performance of a 31.65%. More detailed information can be seen in the following graph for China and Banks firms.

Bk of Communications stock and market return