GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Noor Financial Investment Co (KUW:NOOR) » Definitions » Forward Dividend Yield %

Noor Financial Investment Co (KUW:NOOR) Forward Dividend Yield % : 2.99% (As of May. 26, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Noor Financial Investment Co Forward Dividend Yield %?

As of today (2024-05-26), the Forward Annual Dividend Yield of Noor Financial Investment Co is 2.99%.

As of today (2024-05-26), the Trailing Annual Dividend Yield of Noor Financial Investment Co is 2.99%.

KUW:NOOR's Forward Dividend Yield % is ranked better than
59.08% of 347 companies
in the Capital Markets industry
Industry Median: 2.55 vs KUW:NOOR: 2.99

Noor Financial Investment Co's Dividends per Share for the three months ended in Mar. 2024 was KWD0.00.

During the past 12 months, Noor Financial Investment Co's average Dividends Per Share Growth Rate was -16.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Noor Financial Investment Co was 14.50% per year. The lowest was 14.50% per year. And the median was 14.50% 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 Noor Financial Investment Co's Forward Dividend Yield %

For the Capital Markets subindustry, Noor Financial Investment Co'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.


Noor Financial Investment Co's Forward Dividend Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Noor Financial Investment Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Noor Financial Investment Co's Forward Dividend Yield % falls into.



Noor Financial Investment Co Forward Dividend Yield % Calculation

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

Noor Financial Investment Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KWD 0.0080002024-04-232024-04-252024-04-29Cash DividendannuallyKWD:KWD 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.

Noor Financial Investment Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.008/0.268
=2.99 %

Current Share Price is KWD0.268.
Noor Financial Investment Co's Dividends per Share for the forward twelve months is calculated as KWD0.008 * 1 = KWD0.008.

Noor Financial Investment Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.008/0.268
=2.99 %

Current Share Price is KWD0.268.
Noor Financial Investment Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.008.

* 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.


Noor Financial Investment Co  (KUW:NOOR) 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.


Noor Financial Investment Co Forward Dividend Yield % Related Terms

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


Noor Financial Investment Co (KUW:NOOR) Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034
Noor Financial Investment Co is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets achieving strong returns. The company operates in four segment i.e investment, Real Estate, IT services, and Hotel business.

Noor Financial Investment Co (KUW:NOOR) Headlines

No Headlines