Agricultural Bank of China Payout ratio
What is the Payout ratio of Agricultural Bank of China?
The Payout ratio of Agricultural Bank of China Limited is 33.33%
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 Agricultural Bank of China
What does Agricultural Bank of China do?
Agricultural Bank of China Limited provides corporate and retail banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency time, foreign currency call, time or demand optional, foreign exchange demand, foreign exchange call, foreign exchange time, certificates of deposit, savings, agreed-term, and negotiated deposits; and loans comprise housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts. The company also provides credit card, debit card, payment and settlement, private banking, cash management, investment banking, custody, financial market, and financial institution services, as well as trading and wealth management services; and personal fund collection and automatic transfer services. In addition, it offers agro-related personal and corporate banking products and services; personal and online, telephone, mobile, self-service, television, and SMS banking services; financial leasing services; fund management services; assets custodian services; debt-to-equity swap and related services; and life, health, and accident insurance, as well as reinsurance products. As of December 31, 2021, the company had 22,807 domestic branches, including three specialized institutions, 4 training institutes, 37 tier-1 branches, 402 tier-2 branches, 3,348 tier-1 sub-branches, 18,961 foundation-level branch outlets and 50 other establishments; and 13 overseas branches in Hong Kong, Singapore, Seoul, New York, Dubai International Financial Centre, Tokyo, Frankfurt, Sydney, Luxemburg, Dubai, London, Macao, and Hanoi; and four overseas representative offices in Vancouver, Taipei, Sao Paulo, and Dushanbe. Agricultural Bank of China Limited was founded in 1951 and is based in Beijing, the People's Republic of China.
Companies with payout ratio similar to Agricultural Bank of China
- China Telecom has Payout ratio of 33.20%
- BrandywineGLOBAL - Global Income Opportunities Fund Inc has Payout ratio of 33.24%
- Brunswick has Payout ratio of 33.27%
- JM has Payout ratio of 33.29%
- The Western India Plywoods has Payout ratio of 33.31%
- Automotive Axles has Payout ratio of 33.32%
- Agricultural Bank of China has Payout ratio of 33.33%
- American Hotel Income Properties REIT LP has Payout ratio of 33.33%
- Kwong Man Kee has Payout ratio of 33.33%
- Renasant has Payout ratio of 33.33%
- Navient Corp has Payout ratio of 33.33%
- Hindustan Composites has Payout ratio of 33.34%
- Wuxi Sunlit Science and Technology has Payout ratio of 33.36%