GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (HKSE:01398) » Definitions » Dividend Payout Ratio

Industrial And Commercial Bank Of China (HKSE:01398) Dividend Payout Ratio : 1.25 (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Industrial And Commercial Bank Of China Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Industrial And Commercial Bank Of China's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.25.

The historical rank and industry rank for Industrial And Commercial Bank Of China's Dividend Payout Ratio or its related term are showing as below:

HKSE:01398' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.31   Max: 0.34
Current: 0.23


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.

HKSE:01398's Dividend Payout Ratio is ranked better than
75.63% of 1145 companies
in the Banks industry
Industry Median: 0.35 vs HKSE:01398: 0.23

As of today (2025-03-25), the Dividend Yield % of Industrial And Commercial Bank Of China is 8.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Industrial And Commercial Bank Of China was 9.13%. The lowest was 3.08%. And the median was 5.18%.

Industrial And Commercial Bank Of China's Dividends per Share for the months ended in Sep. 2024 was HK$0.34.

During the past 12 months, Industrial And Commercial Bank Of China's average Dividends Per Share Growth Rate was 0.70% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Industrial And Commercial Bank Of China Dividend Payout Ratio Historical Data

The historical data trend for Industrial And Commercial Bank Of China's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Industrial And Commercial Bank Of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.31 0.28 0.31 0.31

Industrial And Commercial Bank Of China Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 1.25

Competitive Comparison of Industrial And Commercial Bank Of China's Dividend Payout Ratio

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's Dividend Payout Ratio falls into.



Industrial And Commercial Bank Of China Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.333/ 1.061
=0.31

Industrial And Commercial Bank Of China's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.343/ 0.275
=1.25

* 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 (HKSE:01398) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Payout Ratio Related Terms

Thank you for viewing the detailed overview of Industrial And Commercial Bank Of China's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Industrial And Commercial Bank Of China Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. 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. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 47%, 40%, and 13% of total revenue, respectively, and 44%, 36%, and 18% of profit before tax in 2023. Overseas banking and other business contributed 12% of total revenue and 9% of profit before tax in 2023.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Ping An Asset Management Co., Ltd. 2102 Investment manager
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui 2101 Beneficial owner
Temasek Holdings (private) Limited 2201 Interest of corporation controlled by you
Tai Ping Ren Shou Bao Xian You Xian Gong Si 2101 Beneficial owner
Tai Ping Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
China Taiping Insurance Holdings Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Tai Ping Bao Xian Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Ping An Life Insurance Company Of China, Ltd. 2101 Beneficial owner

Industrial And Commercial Bank Of China Headlines

No Headlines