As of today (2024-05-14), the Trailing Annual Dividend Yield of Monbat AD is 3.29%.
Good Sign:
Monbat AD stock dividend yield is close to 5-year high.
The historical rank and industry rank for Monbat AD's Dividend Yield % or its related term are showing as below:
XBUL:MONB'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.58 Med: 2.63 Max: 5.16
Current: 3.29
During the past 13 years, the highest Dividend Yield of Monbat AD was 5.16%. The lowest was 1.58%. And the median was 2.63%.
XBUL:MONB's Dividend Yield % is ranked better than 74.74% of 1857
companies
in the Industrial Products industry
Industry Median: 1.78
vs XBUL:MONB: 3.29
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Monbat AD is 1.43, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Monbat AD was 2.13. The lowest was 0.21. And the median was 0.36.
During the past 12 months, Monbat AD's average Dividends Per Share Growth Rate was -27.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 11.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Monbat AD was 23.40% per year. The lowest was -28.30% per year. And the median was 3.15% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Monbat AD Dividend Yield % Historical Data
The historical data trend for Monbat AD'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.
Competitive Comparison of Monbat AD's Dividend Yield %
For the Electrical Equipment & Parts subindustry, Monbat AD'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.
Monbat AD's Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Monbat AD's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Monbat AD's Dividend Yield % falls into.
Monbat AD Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Monbat AD Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
BGN 0.103000
2023-07-12
2023-07-13
2023-08-14
Cash Dividend
annually
BGN:BGN 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.
Monbat AD's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.103
/
3.12
=
3.30 %
Current Share Price is лв3.12. Monbat AD's Dividends per Share for the trailing twelve months (TTM) ended in Today is лв0.103.
Monbat AD's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.103
/
3.12
=
3.30 %
Current Share Price is лв3.12. Monbat AD's Dividends per Share for the forward twelve months is calculated as лв0.103 * 1 = лв0.103.
* 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.
Monbat AD (XBUL:MONB) 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.
Thank you for viewing the detailed overview of Monbat AD's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Monbat AD is a Bulgaria-based company engaged in the production and maintenance of and sale of batteries; engineering and development activity; production and trade of equipment used in battery manufacturing; domestic and foreign trade and establishment of commercial networks; specialized stores and representative offices; recycling of lead and lead containing alloys. The company's product range includes starter batteries, stationary batteries, deep cycle batteries, and leisure batteries, special batteries for military applications and locomotive batteries. Additionally, it is also involved in the production of light emitting diode (LED) lighting. The company operates geographically across Bulgaria, Serbia, Romania, Nigeria, and others.
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