As of today (2024-04-19), the Trailing Annual Dividend Yield of Industrial And Commercial Bank Of China is 8.03%.
Warning Sign:
Industrial And Commercial Bank Of China Ltd stock dividend yield is close to 2-year low.
The historical rank and industry rank for Industrial And Commercial Bank Of China's Dividend Yield % or its related term are showing as below:
IDCBY'
s Dividend Yield % Range Over the Past 10 Years
Min: 3.08 Med: 5.47 Max: 9.13
Current: 8.03
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 5.47%.
IDCBY's Dividend Yield % is ranked better than 90.42% of 1200
companies
in the Banks industry
Industry Median: 4
vs IDCBY: 8.03
Industrial And Commercial Bank Of China's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 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.
As of today (2024-04-19), the Forward Dividend Yield % of Industrial And Commercial Bank Of China is 8.03%.
Industrial And Commercial Bank Of China's Dividends per Share for the
three
months ended in Dec. 2023 was $0.00.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Industrial And Commercial Bank Of China Dividend Yield % Historical Data
The historical data trend for Industrial And Commercial Bank Of China's Dividend Yield % can be seen below:
* 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.
* Premium members only.
Industrial And Commercial Bank Of China Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dividend Yield %
4.75
5.79
7.32
8.57
8.65
Industrial And Commercial Bank Of China Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Dividend Yield %
8.57
8.25
8.22
8.81
8.65
Competitive Comparison
For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution
For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Industrial And Commercial Bank Of China's Dividend Yield % falls into.
Industrial And Commercial Bank Of China Dividend Yield % Calculation
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 0.841
2023-07-06
2023-07-07
2023-09-01
Cash Dividend
annually
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.841
/
10.43
=
8.06 %
Current Share Price is $10.43.
Industrial And Commercial Bank Of China's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.841.
Industrial And Commercial Bank Of China's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.841
/
10.43
=
8.06 %
Current Share Price is $10.43.
Industrial And Commercial Bank Of China's Dividends per Share for the forward twelve months is calculated as $0.841 * 1 = $0.841.
* 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 (OTCPK:IDCBY) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Industrial And Commercial Bank Of China Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Industrial And Commercial Bank Of China's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Business Description
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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