GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ForteBank JSC (XKAZ:ASBN) » Definitions » Forward Dividend Yield %

ForteBank JSC (XKAZ:ASBN) Forward Dividend Yield % : 10.76% (As of Jun. 07, 2024)


View and export this data going back to 2016. Start your Free Trial

What is ForteBank JSC Forward Dividend Yield %?

As of today (2024-06-07), the Forward Annual Dividend Yield of ForteBank JSC is 10.76%.

As of today (2024-06-07), the Trailing Annual Dividend Yield of ForteBank JSC is 10.76%.

XKAZ:ASBN's Forward Dividend Yield % is ranked better than
95.07% of 1177 companies
in the Banks industry
Industry Median: 4.17 vs XKAZ:ASBN: 10.76

ForteBank JSC's Dividends per Share for the three months ended in Mar. 2024 was ₸0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 31.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ForteBank JSC was 91.30% per year. The lowest was 31.70% per year. And the median was 68.00% 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 ForteBank JSC's Forward Dividend Yield %

For the Banks - Regional subindustry, ForteBank JSC'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.


ForteBank JSC's Forward Dividend Yield % Distribution in the Banks Industry

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

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



ForteBank JSC Forward Dividend Yield % Calculation

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

ForteBank JSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KZT 0.6436002024-05-142024-05-132024-05-15Cash DividendannuallyKZT:KZT 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.

ForteBank JSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6436/6.06
=10.62 %

Current Share Price is ₸6.06.
ForteBank JSC's Dividends per Share for the forward twelve months is calculated as ₸0.6436 * 1 = ₸0.6436.

ForteBank JSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6436/6.06
=10.62 %

Current Share Price is ₸6.06.
ForteBank JSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₸0.6436.

* 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.


ForteBank JSC  (XKAZ:ASBN) 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.


ForteBank JSC Forward Dividend Yield % Related Terms

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


ForteBank JSC (XKAZ:ASBN) Business Description

Traded in Other Exchanges
N/A
Address
Dostyk Street, 8/1, Astana, KAZ, 010017
ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

ForteBank JSC (XKAZ:ASBN) Headlines

No Headlines