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Mashreqbank PSC (DFM:MASQ) Forward Dividend Yield % : 9.69% (As of May. 05, 2024)


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What is Mashreqbank PSC Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of Mashreqbank PSC is 9.69%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of Mashreqbank PSC is 9.69%.

DFM:MASQ's Forward Dividend Yield % is ranked better than
93.87% of 1175 companies
in the Banks industry
Industry Median: 4.09 vs DFM:MASQ: 9.69

Mashreqbank PSC's Dividends per Share for the three months ended in Mar. 2024 was د.إ18.50.

During the past 12 months, Mashreqbank PSC's average Dividends Per Share Growth Rate was 85.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 36.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mashreqbank PSC was 36.50% per year. The lowest was -34.40% per year. And the median was 26.00% 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 Mashreqbank PSC's Forward Dividend Yield %

For the Banks - Regional subindustry, Mashreqbank PSC'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.


Mashreqbank PSC's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Mashreqbank PSC Forward Dividend Yield % Calculation

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

Mashreqbank PSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AED 18.5000002024-03-152024-03-182024-03-29Cash DividendannuallyAED:AED 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.

Mashreqbank PSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=18.5/191.00
=9.69 %

Current Share Price is د.إ191.00.
Mashreqbank PSC's Dividends per Share for the forward twelve months is calculated as د.إ18.5 * 1 = د.إ18.5.

Mashreqbank PSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=18.5/191.00
=9.69 %

Current Share Price is د.إ191.00.
Mashreqbank PSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is د.إ18.5.

* 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.


Mashreqbank PSC  (DFM:MASQ) 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.


Mashreqbank PSC Forward Dividend Yield % Related Terms

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


Mashreqbank PSC (DFM:MASQ) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1250, Dubai, ARE
Mashreqbank PSC is a banking corporation in the United Emirates, that provides banking and financial services to customers and businesses. The banking firm serves in domestic markets as well as abroad mainly with its commercial and retail banking services such as trade finance, project finance, savings and current accounts, fixed deposits and Mashreq millionaire deposits. The business segments are Wholesale; Retail; Treasury and capital markets; Insurance and other. It generates maximum revenue from the Wholesale segment.

Mashreqbank PSC (DFM:MASQ) Headlines

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