Asia Dragon Trust (LSE:DGN) Dividend Payout Ratio : 0.89 (As of Feb. 2024)

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What is Asia Dragon Trust Dividend Payout Ratio?

Asia Dragon Trust's dividend payout ratio for the months ended in Feb. 2024 was 0.89.

The historical rank and industry rank for Asia Dragon Trust's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of Asia Dragon Trust was 0.62. The lowest was 0.04. And the median was 0.08.

LSE:DGN's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.8
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-24), the Dividend Yield % of Asia Dragon Trust is 1.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Asia Dragon Trust was 1.97%. The lowest was 0.72%. And the median was 0.93%.

Asia Dragon Trust's Dividends per Share for the months ended in Feb. 2024 was £0.07.

During the past 12 months, Asia Dragon Trust's average Dividends Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asia Dragon Trust was 152.00% per year. The lowest was -11.70% per year. And the median was 13.30% per year.

The growth rate is calculated with least square regression.

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

Asia Dragon Trust Dividend Payout Ratio Historical Data

The historical data trend for Asia Dragon Trust's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Asia Dragon Trust Dividend Payout Ratio Chart

Asia Dragon Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

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0.17

0.24

0.05

Asia Dragon Trust Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	0.89

Competitive Comparison of Asia Dragon Trust's Dividend Payout Ratio

For the Asset Management subindustry, Asia Dragon Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Asia Dragon Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Dragon Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Asia Dragon Trust's Dividend Payout Ratio falls into.

Asia Dragon Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Asia Dragon Trust's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.065	/	-0.887
	=	N/A

Asia Dragon Trust's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	0.066	/	0.074
	=	0.89

Asia Dragon Trust (LSE:DGN) Dividend Payout Ratio Explanation

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.

Asia Dragon Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Asia Dragon Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Dragon Trust (LSE:DGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Dragon Trust PLC (LSE:DGN) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

DGNl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.asiadragontrust.co.uk

Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.

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