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Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) 3-Year Dividend Growth Rate : 4.90% (As of Dec. 2023)


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What is Industrial And Commercial Bank Of China 3-Year Dividend Growth Rate?

Industrial And Commercial Bank Of China's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Industrial And Commercial Bank Of China's 3-Year Dividend Growth Rate or its related term are showing as below:

IDCBY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.7   Med: 5.1   Max: 118.5
Current: 4.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Industrial And Commercial Bank Of China was 118.50% per year. The lowest was -3.70% per year. And the median was 5.10% per year.

IDCBY's 3-Year Dividend Growth Rate is ranked worse than
61.26% of 777 companies
in the Banks industry
Industry Median: 7.5 vs IDCBY: 4.90

During the past 12 months, Industrial And Commercial Bank Of China's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Industrial And Commercial Bank Of China's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Industrial And Commercial Bank Of China's Dividend Yield % is 8.00%.

Warning Sign:

Industrial And Commercial Bank Of China Ltd stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Industrial And Commercial Bank Of China's 3-Year Dividend Growth Rate

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Industrial And Commercial Bank Of China's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's 3-Year Dividend Growth Rate falls into.



Industrial And Commercial Bank Of China 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Industrial And Commercial Bank Of China  (OTCPK:IDCBY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Industrial And Commercial Bank Of China's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.749
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Industrial And Commercial Bank Of China was 0.34. The lowest was 0.23. And the median was 0.31.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Industrial And Commercial Bank Of China Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8412023-07-062023-07-072023-09-01Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Industrial And Commercial Bank Of China's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.841/10.51
=8.00 %

Current Share Price is $10.51.
Industrial And Commercial Bank Of China's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.841.

During the past 13 years, the highest Dividend Yield of Industrial And Commercial Bank Of China was 9.13%. The lowest was 3.08%. And the median was 5.48%.

Warning Sign:

Industrial And Commercial Bank Of China Ltd stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Industrial And Commercial Bank Of China 3-Year Dividend Growth Rate Related Terms>


Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.

Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Headlines

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