GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ecobank Transnational Inc (NSA:ETI) » Definitions » Forward Dividend Yield %

Ecobank Transnational (NSA:ETI) Forward Dividend Yield % : 1.96% (As of Apr. 27, 2024)


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

What is Ecobank Transnational Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Ecobank Transnational is 1.96%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Ecobank Transnational is 1.96%.

NSA:ETI's Forward Dividend Yield % is ranked worse than
86.24% of 1170 companies
in the Banks industry
Industry Median: 4.16 vs NSA:ETI: 1.96

Ecobank Transnational's Dividends per Share for the three months ended in Sep. 2023 was ₦0.00.

During the past 12 months, Ecobank Transnational's average Dividends Per Share Growth Rate was -30.00% 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 Ecobank Transnational's Forward Dividend Yield %

For the Banks - Regional subindustry, Ecobank Transnational'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.


Ecobank Transnational's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Ecobank Transnational Forward Dividend Yield % Calculation

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

Ecobank Transnational Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
XOF 0.6722023-06-092023-06-082023-06-08Cash DividendannuallyXOF:NGN 1.363652

* 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.

Ecobank Transnational's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.916374144/26.00
=3.52 %

Current Share Price is ₦26.00.
Ecobank Transnational's Dividends per Share for the forward twelve months is calculated as ₦0.916374144 * 1 = ₦0.916374144.

Ecobank Transnational's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.916374144/26.00
=3.52 %

Current Share Price is ₦26.00.
Ecobank Transnational's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦0.916374144.

* 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.


Ecobank Transnational  (NSA:ETI) 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.


Ecobank Transnational Forward Dividend Yield % Related Terms

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


Ecobank Transnational (NSA:ETI) Business Description

Traded in Other Exchanges
Address
2365, Boulevard du Mono, Lome, TGO, 3261
Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational (NSA:ETI) Headlines

No Headlines