08-31-2023
HKD/share | |
Price | 3.87 |
Dividend | 0.28 |
Earnings | 0.88 |
Cash-flow | -1.21 |
Book value | 7.74 |
Equity | 7.21 |
Postal Savings Bank China is part of Banks business, which is part of Financials industry. Postal Savings Bank China is a company from China, and his stocks are publicly traded.
Postal Savings Bank China stock dividend
Postal Savings Bank China paid a total dividend of 5,560 million HKD last year, for a market value of 76,843 millions (Market Cap 36,257 millions). Postal Savings Bank China dividend per share is 0.28 HKD, and his stock market price 3.87 HKD.
According to the chart below, where dividend yield is displayed, Postal Savings Bank China has a dividend yield of 7.17%, 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 Postal Savings Bank China stocks dividend with other Banks companies or other of the high China dividend stocks list.
Postal Savings Bank China Dividend Payout
About the ability of Postal Savings Bank China to maintain his current dividend of HKD 0.28 per share, an amount that accounts for 7.17%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Postal Savings Bank China payout on ernings is currently 31.82%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Postal Savings Bank Chinacan 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 Postal Savings Bank China is HKD -1.21 per share, which is lower than the dividend per share paid by the company of HKD 0.28, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Postal Savings Bank China, compared againt world market average, China companies, Financials industry and Banks sector companies.
Postal Savings Bank of China Dividend History
Below you will find a table with the historical evolution of Postal Savings Bank of China's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | HKD | Paypout | Shares* |
Present | 7.17% | 0.28 | 31.82% | 19,856 |
2022 | 5.98% | 0.29 | 32.95% | 19,856 |
2021 | 4.66% | 0.25 | 30.12% | 19,856 |
2020 | 5.69% | 0.25 | 29.07% | 19,856 |
2019 | 4.15% | 0.22 | 31.43% | 19,856 |
2018 | 4.24% | 0.18 | 105.88% | 81,031 |
2017 | 2.18% | 0.09 | 14.75% | 81,031 |
*In millions
Postal Savings Bank China Stock performance
Finally, last moth Postal Savings Bank China showed a return of -19.00% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -17.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Banks firms.