China Merchants Bank Dividend yield

 Price  31.00
 Dividend  1.89
 Earnings  5.74
 Cash-flow  3.69
 Book value  34.44
 Equity  33.37

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

China Merchants Bank stock dividend

China Merchants Bank paid a total dividend of 8,677 million HKD last year, for a market value of 142,321 millions (Market Cap 117,313 millions). China Merchants Bank dividend per share is 1.89 HKD, and his stock market price 31.00 HKD.

According to the chart below, where dividend yield is displayed, China Merchants Bank has a dividend yield of 6.10%, 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 China Merchants Bank stocks dividend with other Banks companies or other of the best China dividend stocks list.

Dividend yield of China Merchants Bank

China Merchants Bank Dividend Payout

About the ability of China Merchants Bank to maintain his current dividend of HKD 1.89 per share, an amount that accounts for 6.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Merchants Bank payout on ernings is currently 32.93%, 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 China Merchants Bankcan 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 China Merchants Bank is HKD 3.69 per share, which is higher than the dividend per share paid by the company of HKD 1.89, so the company generates enough cash to maintain his dividend in the future.

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

China Merchants Bank payout

China Merchants Bank Dividend History

Below you will find a table with the historical evolution of China Merchants Bank'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* 

*In millions

Then you can see the evolution of China Merchants Bank dividend stock, and compare it with the average of China stocks and that of the Banks stocks.

China Merchants Bank stock dividend history

China Merchants Bank Stock performance

Finally, last moth China Merchants Bank showed a return of -19.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -23.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Banks firms.

China Merchants Bank stock and market return