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Arab Jordan Investment Bank (AMM:AJIB) Forward Dividend Yield % : 7.87% (As of Jun. 22, 2024)


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What is Arab Jordan Investment Bank Forward Dividend Yield %?

As of today (2024-06-22), the Forward Annual Dividend Yield of Arab Jordan Investment Bank is 7.87%.

As of today (2024-06-22), the Trailing Annual Dividend Yield of Arab Jordan Investment Bank is 7.87%.

AMM:AJIB's Forward Dividend Yield % is ranked better than
87.4% of 1198 companies
in the Banks industry
Industry Median: 4.185 vs AMM:AJIB: 7.87

Arab Jordan Investment Bank's Dividends per Share for the three months ended in Mar. 2024 was JOD0.10.

During the past 12 months, Arab Jordan Investment Bank's average Dividends Per Share Growth Rate was -50.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Arab Jordan Investment Bank was 3.60% per year. The lowest was -9.10% per year. And the median was -3.40% 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 Arab Jordan Investment Bank's Forward Dividend Yield %

For the Banks - Regional subindustry, Arab Jordan Investment 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.


Arab Jordan Investment Bank's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Arab Jordan Investment Bank Forward Dividend Yield % Calculation

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

Arab Jordan Investment Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JOD 0.1000002024-03-312024-03-282024-05-07Cash DividendannuallyJOD:JOD 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.

Arab Jordan Investment Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/1.27
=7.87 %

Current Share Price is JOD1.27.
Arab Jordan Investment Bank's Dividends per Share for the forward twelve months is calculated as JOD0.1 * 1 = JOD0.1.

Arab Jordan Investment Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/1.27
=7.87 %

Current Share Price is JOD1.27.
Arab Jordan Investment Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is JOD0.1.

* 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.


Arab Jordan Investment Bank  (AMM:AJIB) 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.


Arab Jordan Investment Bank Forward Dividend Yield % Related Terms

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Arab Jordan Investment Bank (AMM:AJIB) Business Description

Traded in Other Exchanges
N/A
Address
200 Zahran Street, P.O. Box 8797, AJIB Tower, Amman, JOR, 11121
Arab Jordan Investment Bank PLC is an investment and commercial bank. It offers investment and commercial banking services including mergers and acquisitions, equity capital markets, transaction advisory services and trade finance and equity research. The bank is engaged in commercial banking activities through its branches and offices in Jordan and Cyprus. It operates in the business segments of, Individual accounts, Institutions and corporate, Treasury and Institutional financing. The bank generates key revenue from Treasury business which involves providing money market, trading, and treasury services as well as management of the bank's funding operations through treasury bills and bond government securities placements. The group has a business presence in Jordon and other countries.

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