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Power Grid Company of Bangladesh (DHA:POWERGRID) Forward Dividend Yield % : 2.38% (As of May. 06, 2024)


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What is Power Grid Company of Bangladesh Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Power Grid Company of Bangladesh is 2.38%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Power Grid Company of Bangladesh is 2.38%.

DHA:POWERGRID's Forward Dividend Yield % is ranked worse than
72.94% of 425 companies
in the Utilities - Regulated industry
Industry Median: 4.09 vs DHA:POWERGRID: 2.38

Power Grid Company of Bangladesh's Dividends per Share for the three months ended in Dec. 2023 was BDT1.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Power Grid Company of Bangladesh was 22.40% per year. The lowest was -20.60% per year. And the median was 7.85% 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 Power Grid Company of Bangladesh's Forward Dividend Yield %

For the Utilities - Regulated Electric subindustry, Power Grid Company of Bangladesh'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.


Power Grid Company of Bangladesh's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Company of Bangladesh's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Power Grid Company of Bangladesh's Forward Dividend Yield % falls into.



Power Grid Company of Bangladesh Forward Dividend Yield % Calculation

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

Power Grid Company of Bangladesh Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.0000002023-12-202023-12-190000-00-00Cash 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.

Power Grid Company of Bangladesh's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/42.90
=0.00 %

Current Share Price is BDT42.90.
Power Grid Company of Bangladesh's Dividends per Share for the forward twelve months is calculated as BDT * = BDT.

Power Grid Company of Bangladesh's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/42.90
=2.33 %

Current Share Price is BDT42.90.
Power Grid Company of Bangladesh'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.


Power Grid Company of Bangladesh  (DHA:POWERGRID) 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.


Power Grid Company of Bangladesh Forward Dividend Yield % Related Terms

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Power Grid Company of Bangladesh (DHA:POWERGRID) Business Description

Traded in Other Exchanges
N/A
Address
PGCB Bhaban, Avenue-03, Jahurul Islam City, Aftabnagar, Badda, Dhaka, BGD, 1212
Power Grid Company of Bangladesh Ltd is involved in planning, promoting, developing, operating, and maintaining an integrated and efficient power transmission system/network throughout Bangladesh. It also provides transmission lines, sub-stations, load dispatch centers, communication facilities, and others.

Power Grid Company of Bangladesh (DHA:POWERGRID) Headlines

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