LankaBangla Finance (DHA:LANKABAFIN) Forward Dividend Yield % : 6.29% (As of May. 27, 2024)

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What is LankaBangla Finance Forward Dividend Yield %?

As of today (2024-05-27), the Forward Annual Dividend Yield of LankaBangla Finance is 6.29%.

As of today (2024-05-27), the Trailing Annual Dividend Yield of LankaBangla Finance is 6.29%.

DHA:LANKABAFIN's Forward Dividend Yield % is ranked better than
72.68% of 205 companies
in the Credit Services industry
Industry Median: 3.76 vs DHA:LANKABAFIN: 6.29

LankaBangla Finance's Dividends per Share for the three months ended in Sep. 2023 was BDT0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -11.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of LankaBangla Finance was 25.80% per year. The lowest was -11.20% per year. And the median was 13.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of LankaBangla Finance's Forward Dividend Yield %

For the Credit Services subindustry, LankaBangla Finance's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LankaBangla Finance's Forward Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LankaBangla Finance's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where LankaBangla Finance's Forward Dividend Yield % falls into.

LankaBangla Finance Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

LankaBangla Finance (DHA:LANKABAFIN) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

LankaBangla Finance Forward Dividend Yield % Related Terms

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LankaBangla Finance (DHA:LANKABAFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LankaBangla Finance PLC (DHA:LANKABAFIN) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20, Kemal Ataturk Avenue, Safura Tower (Level 14), Banani, Dhaka, BGD, 1213

Website

https://www.lankabangla.com

LankaBangla Finance PLC is engaged in providing financial services. The company offers corporate financial services, personal financial services, SME financial services, stock broking, corporate advisory and wealth management services. It is a financial institution to operate credit card and provide third-party card processing services to different banks in Bangladesh. The company has four reportable segments being Core Financing Business; Brokerage; Investment Business, and Asset Management Business. It derives majority of its revenues from the Core Financing Business segment.

LankaBangla Finance (DHA:LANKABAFIN) Headlines

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