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Paramount Insurance Co (DHA:PARAMOUNT) Forward Dividend Yield % : 1.66% (As of May. 06, 2024)


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What is Paramount Insurance Co Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Paramount Insurance Co is 1.66%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Paramount Insurance Co is 1.66%.

DHA:PARAMOUNT's Forward Dividend Yield % is ranked worse than
83.76% of 388 companies
in the Insurance industry
Industry Median: 3.77 vs DHA:PARAMOUNT: 1.66

Paramount Insurance Co's Dividends per Share for the six months ended in . 20 was BDT0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Paramount Insurance Co's Forward Dividend Yield %

For the Insurance - Property & Casualty subindustry, Paramount Insurance Co'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.


Paramount Insurance Co's Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Paramount Insurance Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Paramount Insurance Co's Forward Dividend Yield % falls into.



Paramount Insurance Co Forward Dividend Yield % Calculation

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

Paramount Insurance Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.0000002023-05-072023-05-032023-07-13Cash DividendannuallyBDT:BDT 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Paramount Insurance Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/61.20
=1.63 %

Current Share Price is BDT61.20.
Paramount Insurance Co's Dividends per Share for the forward twelve months is calculated as BDT1 * 1 = BDT1.

Paramount Insurance Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/61.20
=1.63 %

Current Share Price is BDT61.20.
Paramount Insurance Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT1.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Paramount Insurance Co  (DHA:PARAMOUNT) 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.


Paramount Insurance Co Forward Dividend Yield % Related Terms

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Paramount Insurance Co (DHA:PARAMOUNT) Business Description

Traded in Other Exchanges
N/A
Address
17 New Eskaton Road, Al-Haj Shamsuddin Mansion, 4th floor, Room no. C, Moghbazaar, Dhaka, BGD, 1000
Paramount Insurance Co Ltd is a non-life insurance company in Bangladesh. It is engaged in the business of providing various insurance services. The company covers any type of risks of any amount, which includes marine and allied risks, marine insurance risks, motor insurance risks, engineering insurance risks and miscellaneous insurance risks in the private sector.

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