Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
XBUL:BSE's Forward Dividend Yield % is ranked better than 98.07% of 363
companies
in the Capital Markets industry
Industry Median: 2.73
vs XBUL:BSE: 12.73
During the past 12 months, Bulgarian Stock Exchange AD's average Dividends Per Share Growth Rate was 1061.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 92.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 87.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bulgarian Stock Exchange AD was 243.40% per year. The lowest was -67.50% per year. And the median was 100.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Bulgarian Stock Exchange AD (XBUL:BSE) 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.
Bulgarian Stock Exchange AD Forward Dividend Yield % Related Terms
XBUL:BSE vs SPGI, CME, ICE: Forward Dividend Yield % Comparison
For the Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.
Bulgarian Stock Exchange AD Forward Dividend Yield % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Bulgarian Stock Exchange AD's Forward Dividend Yield % falls into.
Bulgarian Stock Exchange AD Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Bulgarian Stock Exchange AD Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 0.010000
2026-06-29
2026-06-30
2026-08-13
Cash Dividend
semi-annually
EUR:EUR 1.000000
BGN 1.260000
2025-12-08
2025-12-09
2025-12-17
Cash Dividend
semi-annually
BGN:EUR 0.497232
* 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.
* 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.
What does a Forward Dividend Yield % of 12.73% mean?
Bulgarian Stock Exchange AD (XBUL:BSE) has a Forward Dividend Yield % of 12.73% as of Jul. 30, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Bulgarian Stock Exchange AD and its competitors. According to the industry distribution chart, Bulgarian Stock Exchange AD ranks #7 out of 363 companies in the Capital Markets industry, placing it in the top 1.9%.
Is Bulgarian Stock Exchange AD's Forward Dividend Yield % too high?
Bulgarian Stock Exchange AD's current Forward Dividend Yield % is 12.73%. The Capital Markets industry median Forward Dividend Yield % is 2.73. Bulgarian Stock Exchange AD's value of 12.73% is 366.3% above this industry median. Based on the distribution chart, Bulgarian Stock Exchange AD ranks #7 out of 363 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bulgarian Stock Exchange AD has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Stock Exchange AD's Forward Dividend Yield % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bulgarian Stock Exchange AD ranks #7 out of 363 companies for Forward Dividend Yield %. This places Bulgarian Stock Exchange AD in the top 2% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 2.73. Bulgarian Stock Exchange AD's value of 12.73% is 366.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Capital Markets company?
The median Forward Dividend Yield % among Capital Markets companies is 2.73, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bulgarian Stock Exchange AD's current Forward Dividend Yield % of 12.73% is 366.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Bulgarian Stock Exchange AD and its competitors. For the Capital Markets industry, the median Forward Dividend Yield % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Stock Exchange AD's current Forward Dividend Yield % is 12.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Stock Exchange AD stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Stock Exchange AD (XBUL:BSE) is currently considered Possible Value Trap. The stock's GF Value™ is €9.82, compared to a current price of €6.92 — trading 29.5% below its estimated fair value. The current Forward Dividend Yield % is 12.73% and 366.3% above the Capital Markets industry median of 2.73. Bulgarian Stock Exchange AD's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Bulgarian Stock Exchange AD (XBUL:BSE), the current Forward Dividend Yield % is 12.73% as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bulgarian Stock Exchange AD (XBUL:BSE) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Stock Exchange AD stock appears to be undervalued.
The current stock price of €6.92 is trading 29.5% below its estimated GF Value™ of €9.82.
GuruFocus considers Bulgarian Stock Exchange AD to be Possible Value Trap.
Key valuation signals for XBUL:BSE:
Forward Dividend Yield %: 12.73%
GF Value™: €9.82 vs. price of €6.92 (29.5% below fair value)
Industry Position: 366.3% above the Capital Markets median (#7 of 363)
No single metric tells the full story. See the XBUL:BSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.
79GF Score
Get the complete analysis for XBUL:BSE
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBUL:BSE has been successfully added to your 
