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China Citic Bank (SHSE:601998) 3-Year Dividend Growth Rate : 11.20% (As of Mar. 2024)


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What is China Citic Bank 3-Year Dividend Growth Rate?

China Citic Bank's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SHSE:601998' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.2   Med: 3.6   Max: 66.1
Current: 11.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Citic Bank was 66.10% per year. The lowest was -5.20% per year. And the median was 3.60% per year.

SHSE:601998's 3-Year Dividend Growth Rate is ranked better than
62.96% of 764 companies
in the Banks industry
Industry Median: 7.55 vs SHSE:601998: 11.20

During the past 12 months, China Citic Bank's average Dividends Per Share Growth Rate was 8.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% 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.

China Citic Bank's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, China Citic Bank's Dividend Yield % is 4.67%.

Warning Sign:

China Citic Bank Corp Ltd stock dividend yield is close to 1-year low.

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


Competitive Comparison of China Citic Bank's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, China Citic Bank'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.


China Citic Bank's 3-Year Dividend Growth Rate Distribution in the Banks Industry

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

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



China Citic Bank 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.


China Citic Bank  (SHSE:601998) 3-Year Dividend Growth Rate Explanation

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

China Citic Bank's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.38
=0.00

During the past 13 years, the highest Dividend Payout Ratio of China Citic Bank was 0.30. The lowest was 0.25. And the median was 0.28.

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

China Citic Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3290002023-07-202023-07-192023-07-20Cash DividendannuallyCNY:CNY 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.

China Citic Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.329/7.05
=4.67 %

Current Share Price is ¥7.05.
China Citic Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.329.

During the past 13 years, the highest Dividend Yield of China Citic Bank was 8.34%. The lowest was 2.57%. And the median was 4.39%.

Warning Sign:

China Citic Bank Corp Ltd stock dividend yield is close to 1-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.


China Citic Bank 3-Year Dividend Growth Rate Related Terms>


China Citic Bank (SHSE:601998) Business Description

Address
10 Guanghua Road, 6-30/F and 32-42/F, Building No. 1, Chaoyang District, Beijing, CHN, 100020
As the second-largest joint-stock banks, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,410 outlets in 146 cities in China and branches in Hong Kong, Macau, New York, Los Angeles, and Singapore. As of 2022, the bank is the 9th-largest nationwide listed commercial bank in China in terms of total assets.

China Citic Bank (SHSE:601998) Headlines

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