Industrial & Commercial Bank of China Payout ratio
What is the Payout ratio of Industrial & Commercial Bank of China?
The Payout ratio of Industrial & Commercial Bank of China Ltd. is 32.65%
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 OTC compared to Industrial & Commercial Bank of China
What does Industrial & Commercial Bank of China do?
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, personal wealth management, personal intermediary services, etc. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as in the holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and investment banking, fund and financial asset management, trust, financial leasing, broker dealer, securities margin and trading, insurance, and other financial services. It operates 16,653 institutions, including 16,227 domestic institutions and 426 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
Companies with payout ratio similar to Industrial & Commercial Bank of China
- China Electronics Huada Technology has Payout ratio of 32.61%
- Vita Life Sciences has Payout ratio of 32.62%
- Career Point has Payout ratio of 32.63%
- Moody`s has Payout ratio of 32.65%
- Haitian International has Payout ratio of 32.65%
- Lennar has Payout ratio of 32.65%
- Industrial & Commercial Bank of China has Payout ratio of 32.65%
- Tube Investments of India has Payout ratio of 32.67%
- World Split has Payout ratio of 32.68%
- abrdn National Municipal Income Fund has Payout ratio of 32.69%
- Zoetis Inc has Payout ratio of 32.70%
- Elekta AB has Payout ratio of 32.70%
- H&T plc has Payout ratio of 32.71%