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Allied Bank (KAR:ABL) Forward Dividend Yield % : 13.75% (As of May. 23, 2024)


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What is Allied Bank Forward Dividend Yield %?

As of today (2024-05-23), the Forward Annual Dividend Yield of Allied Bank is 13.75%.

As of today (2024-05-23), the Trailing Annual Dividend Yield of Allied Bank is 13.75%.

KAR:ABL's Forward Dividend Yield % is ranked better than
98.04% of 1175 companies
in the Banks industry
Industry Median: 4.08 vs KAR:ABL: 13.75

Allied Bank's Dividends per Share for the three months ended in Mar. 2024 was ₨4.00.

During the past 12 months, Allied Bank's average Dividends Per Share Growth Rate was 41.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 37.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Allied Bank was 42.80% per year. The lowest was -17.00% per year. And the median was 9.40% 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 Allied Bank's Forward Dividend Yield %

For the Banks - Regional subindustry, Allied Bank'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.


Allied Bank's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Allied Bank's Forward Dividend Yield % distribution charts can be found below:

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



Allied Bank Forward Dividend Yield % Calculation

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

Allied Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PKR 4.0000002024-05-032024-05-062024-05-17Cash DividendquarterlyPKR:PKR 1.000000
PKR 4.0000002024-03-192024-03-202024-04-04Cash DividendquarterlyPKR:PKR 1.000000
PKR 3.0000002023-11-062023-11-072023-11-20Cash DividendquarterlyPKR:PKR 1.000000
PKR 2.5000002023-08-282023-08-292023-09-07Cash DividendquarterlyPKR:PKR 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.

Allied Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=16/98.20
=16.29 %

Current Share Price is ₨98.20.
Allied Bank's Dividends per Share for the forward twelve months is calculated as ₨4 * 4 = ₨16.

Allied Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=13.5/98.20
=13.75 %

Current Share Price is ₨98.20.
Allied Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₨13.5.

* 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.


Allied Bank  (KAR:ABL) 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.


Allied Bank Forward Dividend Yield % Related Terms

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Allied Bank (KAR:ABL) Business Description

Traded in Other Exchanges
N/A
Address
3 Tipu Block, New Garden Town, Main Boulevard, Lahore, PB, PAK, 54000
Allied Bank Ltd is a scheduled bank engaged in providing commercial banking and related services. It offers financial products and services to medium and large-sized public and private sector entities and overseas including corporate advisory, underwriting, cash management, trade products, corporate finance products, arranging tenured financing and customer service. It also provides for treasury and money market activities; providing retail banking services to consumers, small and medium enterprises; loans and deposits to commercial and retail customers. The bank's segments are Corporate and Investment Banking; Trading and Sales; Commercial and retail banking; Islamic banking; Asset management company and Others. Majority of revenue is derived from Commercial and Retail Banking segment.