Standard Chartered dividend
Standard Chartered’s 2025 total dividend was $0.61 per share, and its latest interim dividend was $0.204 per share, up 66%. Standard Chartered’s dividend capacity depends on surplus capital, with earnings followed through dividends, buybacks and capital kept.
How much does Standard Chartered pay in dividends?
Dividends rise in the base case from $0.72 in the first forecast window to $0.90 in the second. They reach $1.05 in the third. The bear case holds at $0.65, while the bull case rises from $0.80 to $1.30.
The latest interim dividend was $0.204, up 66%. The 2025 total was $0.61. Progressive DPS guidance and a payout of at least 30% support the base path, but capital needs can constrain distributions.
| October 2027 | October 2028 | October 2029 | |
|---|---|---|---|
| Book value | 49,233 (45,783 / 49,283) | 52,533 (46,583 / 52,183) | 55,833 (47,983 / 55,083) |
| Shares (millions) | 2,128 (2,152 / 2,114) | 2,090 (2,144 / 2,062) | 2,056 (2,137 / 2,015) |
| Dividends per share | 0.72 (0.65 / 0.80) | 0.90 (0.65 / 1.05) | 1.05 (0.65 / 1.30) |
| Price to book value | 1.35 (1.10 / 1.55) | 1.40 (1.00 / 1.70) | 1.45 (0.90 / 1.85) |
Is Standard Chartered’s dividend covered by its cash?
Dividends and buybacks return capital to shareholders, but both depend on the bank’s surplus capital. Standard Chartered’s CET1 ratio, its highest-quality loss-absorbing cushion, was 14.2% at June 2026. The planned $1 billion buyback was expected to reduce that ratio by 0.38 percentage points, because cash leaves the bank and equity falls.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| = Earnings for common shareholders | 4,558 | 3,593 | 3,017 | 2,547 | 1,905 |
| − Dividends declared on common shares | 954 | 780 | 568 | 393 | 374 |
| − Share buybacks | 2,719 | 2,500 | 2,000 | 1,258 | 506 |
| = Kept to grow and build capital | 885 | 313 | 449 | 896 | 1,025 |
| Paid out, % of earnings for common | 80.6% | 91.3% | 85.1% | 64.8% | 46.2% |
What this means. The company’s adjusted profit is higher because it leaves out unusual costs and gains that our ordinary profit includes.
What could change Standard Chartered’s dividend?
Management targets income growth of 5–7% a year through 2028 and reported RoTE above 15% in 2028. It targets approximately 18% in 2030. The cost-to-income target is about 57% in 2028, with loan losses of 30–35 basis points through the cycle. The capital framework is a 13–14% CET1 range, dividends of at least 30% payout and progressive dividends.
What is Standard Chartered’s dividend yield at today’s price?
At 2,165.00 GBp on 13 October 2026, the bank’s market value was £47,048 million. A trailing P/E of 13.6x means investors pay £13.60 for each £1 of earnings from the last twelve months; that money normally goes to the selling shareholder, while the buyer receives a claim on future profits. The forward P/E is 10.0x, which implies higher expected earnings, provided both measures use matching definitions.
| Today (Oct 13, 2026) | |
|---|---|
| Share price | 2,165.00 |
| Market value (calculated) | 47,048 |
| P/E, last 12 months (calculated) | 13.6x |
| P/E, next 12 months (calculated) | 10.0x |
| Dividend yield (calculated) | 2.1% |
What this means. The next 12 months price-to-earnings figure uses analysts’ expected profit, so it can change if their forecasts are wrong.