Bank of Shanghai is headquartered in Shanghai, the largest financial city in China, and its shareholders are still scattered. The largest shareholder is Shanghai Lianhe Investment Co., Ltd., followed by Shanghai International Port (Group) Co., Ltd., both of which are local state-owned enterprises in Shanghai. Therefore, although Shanghai Bank is headquartered in Shanghai, it is in the financial magic capital.
Performance ability:
Shanghai's tilt is naturally not as strong as Fujian Industrial Bank. At present, Shanghai Bank is mainly engaged in retail business, and has been rated as "the best city retail bank in China" by Asian Banker magazine for many times. At present, the dividend yield of Shanghai Bank has reached 5.47%, which is relatively high. The highest dividend yield in the history of Shanghai Bank is 5.83%, but it still does not reach the range of 6%, indicating that the dividend yield of Shanghai Bank has not reached a very high level, which is also related to the low dividend yield of Shanghai Bank.
It can be found that the current dividend rate of Shanghai Bank is 28.57%, and the historical dividend rate is generally around 28%, which is a relatively high dividend rate. After all, many joint-stock banks and city commercial banks have not reached this level. Of course, the dividend rate of the five major state-owned banks has stabilized at more than 30%, so Shanghai Bank still has the potential of dividend rate above 30% in the future.