Bank of China Payout ratio
What is the Payout ratio of Bank of China?
The Payout ratio of Bank of China Limited is 32.35%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Finance sector on HKSE compared to Bank of China
What does Bank of China do?
Bank of China Limited, together with its subsidiaries, provides banking and related financial services. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, trade-related products and other credit facilities, foreign exchange, derivatives, and wealth management products to corporate customers, government authorities, and financial institutions. The Personal Banking segment provides savings deposits, personal loans, credit and debit cards, payments and settlements, wealth management products, and funds and insurance agency services to retail customers. The Treasury Operations segment is involved in the foreign exchange transactions, customer-based interest rate and foreign exchange derivative transactions, money market transactions, proprietary trading, and asset and liability management. The Investment Banking segment offers debt and equity underwriting, financial advisory, stock brokerage, investment research and asset management, and private equity investment services, as well as sells and trades in securities. The Insurance segment underwrites general and life insurance products; and provides insurance agency services. As of December 31, 2020, the company operated approximately 11,550 institutions, including 10,991 institutions in Chinese mainland; and 559 institutions in Hong Kong, Macau, Taiwan, and other countries. It is also involved in the aircraft leasing business. The company was founded in 1912 and is headquartered in Beijing, China. Bank of China Limited is a subsidiary of Central Huijin Investment Limited.
Companies with payout ratio similar to Bank of China
- Prudential plc has Payout ratio of 32.30%
- Stelco has Payout ratio of 32.31%
- BlackRock Long-Term Municipal Advantage Trust has Payout ratio of 32.32%
- Walchand Peoplefirst has Payout ratio of 32.32%
- Irish Residential Properties REIT Plc has Payout ratio of 32.33%
- adidas AG has Payout ratio of 32.34%
- Bank of China has Payout ratio of 32.35%
- Cochin Shipyard has Payout ratio of 32.36%
- Iberdrola SA has Payout ratio of 32.36%
- Putnam Managed Municipal Income Trust has Payout ratio of 32.37%
- Medical Facilities has Payout ratio of 32.37%
- BlackRock Municipal Income Quality Trust has Payout ratio of 32.37%
- Ferguson Plc has Payout ratio of 32.40%