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Prime Bank (DHA:PRIMEBANK) Forward Dividend Yield % : 8.06% (As of Apr. 26, 2024)


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What is Prime Bank Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Prime Bank is 8.06%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Prime Bank is 8.06%.

DHA:PRIMEBANK's Forward Dividend Yield % is ranked better than
88.46% of 1170 companies
in the Banks industry
Industry Median: 4.14 vs DHA:PRIMEBANK: 8.06

Prime Bank'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 11.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.80% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Prime Bank was 28.90% per year. The lowest was -19.90% per year. And the median was 8.60% 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 Prime Bank's Forward Dividend Yield %

For the Banks - Regional subindustry, Prime 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.


Prime Bank's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Prime Bank Forward Dividend Yield % Calculation

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

Prime Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.7502023-05-022023-04-302023-07-09Cash 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.

Prime Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.75/21.70
=8.06 %

Current Share Price is BDT21.70.
Prime Bank's Dividends per Share for the forward twelve months is calculated as BDT1.75 * 1 = BDT1.75.

Prime Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.75/21.70
=8.06 %

Current Share Price is BDT21.70.
Prime Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT1.75.

* 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.


Prime Bank  (DHA:PRIMEBANK) 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.


Prime Bank Forward Dividend Yield % Related Terms

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Prime Bank (DHA:PRIMEBANK) Business Description

Traded in Other Exchanges
N/A
Address
119-120 Adamjee Court, Annex Building-2, Motijheel C/A, Dhaka, BGD, 1000
Prime Bank PLC Formerly Prime Bank Ltd is a commercial bank based in Bangladesh. The Bank offers all kinds of Commercial, Corporate, and Personal Banking services covering all segments of society. The Bank also provides off-shore banking services through its 3 (Three) Off-shore Banking Units (OBU). Its segment consists of Corporate & Institutional Banking, Commercial Banking, MSME(Micro, Small & Medium Enterprise), and Consumer.

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