GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MJL Bangladesh PLC (DHA:MJLBD) » Definitions » Dividend Yield %

MJL Bangladesh (DHA:MJLBD) Dividend Yield % : 6.72% (As of Jun. 04, 2024)


View and export this data going back to 2011. Start your Free Trial

What is MJL Bangladesh Dividend Yield %?

As of today (2024-06-04), the Trailing Annual Dividend Yield of MJL Bangladesh is 6.72%.

Good Sign:

MJL Bangladesh PLC stock dividend yield is close to 10-year high.

The historical rank and industry rank for MJL Bangladesh's Dividend Yield % or its related term are showing as below:

DHA:MJLBD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.15   Med: 4.97   Max: 7.23
Current: 6.72

During the past 13 years, the highest Dividend Yield of MJL Bangladesh was 7.23%. The lowest was 1.15%. And the median was 4.97%.

DHA:MJLBD's Dividend Yield % is ranked better than
72% of 500 companies
in the Oil & Gas industry
Industry Median: 3.95 vs DHA:MJLBD: 6.72

MJL Bangladesh's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of MJL Bangladesh was 0.87. The lowest was 0.44. And the median was 0.58.

As of today (2024-06-04), the Forward Dividend Yield % of MJL Bangladesh is 6.72%.

MJL Bangladesh's Dividends per Share for the three months ended in Mar. 2024 was BDT0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MJL Bangladesh was 43.20% per year. The lowest was 1.60% per year. And the median was 15.65% per year.

The growth rate is calculated with least square regression.

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


MJL Bangladesh Dividend Yield % Historical Data

The historical data trend for MJL Bangladesh's Dividend Yield % 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.

MJL Bangladesh Dividend Yield % Chart

MJL Bangladesh Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 6.96 5.41 6.00 5.77

MJL Bangladesh Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.77 5.77 5.75 5.77 6.05

Competitive Comparison of MJL Bangladesh's Dividend Yield %

For the Oil & Gas Refining & Marketing subindustry, MJL Bangladesh's Dividend Yield %, along with its competitors' market caps and 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.


MJL Bangladesh's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MJL Bangladesh's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MJL Bangladesh's Dividend Yield % falls into.



MJL Bangladesh Dividend Yield % Calculation

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

MJL Bangladesh Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 5.0000002023-11-192023-11-162024-06-03Cash 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.

MJL Bangladesh's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5/74.40
=6.72 %

Current Share Price is BDT74.40.
MJL Bangladesh's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT5.

MJL Bangladesh's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5/74.40
=6.72 %

Current Share Price is BDT74.40.
MJL Bangladesh's Dividends per Share for the forward twelve months is calculated as BDT5 * 1 = BDT5.

* 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.


MJL Bangladesh  (DHA:MJLBD) 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.


MJL Bangladesh Dividend Yield % Related Terms

Thank you for viewing the detailed overview of MJL Bangladesh's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


MJL Bangladesh (DHA:MJLBD) Business Description

Traded in Other Exchanges
N/A
Address
Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212
MJL Bangladesh PLC is engaged in the process, manufacture trade of lubricants, blending, marketing of lubricants and grease products. the company has bifurcated the revenues in Oil Tanker, the Manufacturing Unit, which generates the majority of revenue, and Trading Unit. Its automotive lubricants include Car Engine Oils, Motorcycle Engine Oils, Bus & Truck Engine Oils, Gear Oils, and Others. It also produces Industrial & Specialty Lubricants which includes Greases, Compressor Oils, Aviation Products, and others. It serves various industries, some of which include agriculture, automotive, construction, natural gas, and commercial industries. The majority of the revenue is generated from the domestic market but the company also exports some of its products in the International market.

MJL Bangladesh (DHA:MJLBD) Headlines

No Headlines