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LankaBangla Finance (DHA:LANKABAFIN) Forward Dividend Yield %

: 5.29% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of LankaBangla Finance is 5.29%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of LankaBangla Finance is 5.29%.

DHA:LANKABAFIN's Forward Dividend Yield % is ranked better than
65.87% of 208 companies
in the Credit Services industry
Industry Median: 3.775 vs DHA:LANKABAFIN: 5.29

LankaBangla Finance's Dividends per Share for the three months ended in Sep. 2023 was BDT0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -11.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of LankaBangla Finance was 25.80% per year. The lowest was -11.20% per year. And the median was 13.95% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Credit Services subindustry, LankaBangla Finance'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.


LankaBangla Finance Forward Dividend Yield % Distribution

For the Credit Services industry and Financial Services sector, LankaBangla Finance's Forward Dividend Yield % distribution charts can be found below:

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



LankaBangla Finance Forward Dividend Yield % Calculation

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

LankaBangla Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.0002023-05-242023-05-232023-07-27Cash 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.

LankaBangla Finance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/18.90
=5.29 %

Current Share Price is BDT18.90.
LankaBangla Finance's Dividends per Share for the forward twelve months is calculated as BDT1 * 1 = BDT1.

LankaBangla Finance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/18.90
=5.29 %

Current Share Price is BDT18.90.
LankaBangla Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT1.

* 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.


LankaBangla Finance  (DHA:LANKABAFIN) 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.


LankaBangla Finance Forward Dividend Yield % Related Terms

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LankaBangla Finance (DHA:LANKABAFIN) Business Description

Traded in Other Exchanges
N/A
Address
20, Kemal Ataturk Avenue, Safura Tower (Level 14), Banani, Dhaka, BGD, 1213
LankaBangla Finance PLC is engaged in providing financial services. The company offers corporate financial services, personal financial services, SME financial services, stock broking, corporate advisory and wealth management services. It is a financial institution to operate credit card and provide third-party card processing services to different banks in Bangladesh. The company has four reportable segments being Core Financing Business; Brokerage; Investment Business, and Asset Management Business. It derives majority of its revenues from the Core Financing Business segment.

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