ASCN (Absecon Bancorp) Dividend Payout Ratio : 0.23 (As of Dec. 2023)

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What is Absecon Bancorp Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Absecon Bancorp's Dividend Payout Ratio for the months ended in Dec. 2023 was 0.23.

The historical rank and industry rank for Absecon Bancorp's Dividend Payout Ratio or its related term are showing as below:

ASCN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.27 Max: 0.38
Current: 0.23

During the past 5 years, the highest Dividend Payout Ratio of Absecon Bancorp was 0.38. The lowest was 0.23. And the median was 0.27.

ASCN's Dividend Payout Ratio is ranked better than
76.11% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs ASCN: 0.23

As of today (2024-12-15), the Dividend Yield % of Absecon Bancorp is 6.10%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Absecon Bancorp was 6.10%. The lowest was 2.22%. And the median was 2.74%.

Absecon Bancorp's Dividends per Share for the months ended in Dec. 2023 was $3.00.

During the past 12 months, Absecon Bancorp's average Dividends Per Share Growth Rate was 36.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Absecon Bancorp was 14.50% per year. The lowest was 3.20% per year. And the median was 8.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Absecon Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Absecon Bancorp's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Absecon Bancorp Dividend Payout Ratio Chart

Absecon Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.33

0.27

0.38

0.26

0.23

Absecon Bancorp Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Dividend Payout Ratio	0.33	0.27	0.38	0.26	0.23

Competitive Comparison of Absecon Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Absecon Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Absecon Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Absecon Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Absecon Bancorp's Dividend Payout Ratio falls into.

Absecon Bancorp Dividend Payout Ratio Calculation

Absecon Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3	/	13.28
	=	0.23

Absecon Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	3	/	13.28
	=	0.23

Absecon Bancorp (OTCPK:ASCN) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Absecon Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Absecon Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Absecon Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absecon Bancorp (OTCPK:ASCN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 New Jersey Avenue, Absecon, NJ, USA, 08201-2409

Website

https://www.fnbabsecon.com

Absecon Bancorp is engaged in providing financial products and services to individual and corporate customers in southern New Jersey. The principal business of the Bank consists of attracting deposits and applying those funds to the purchase of investments and the origination of loans. The Bank's income is derived principally from interest and dividends on investments and interest and fees earned in connection with its lending activities.

Absecon Bancorp Headlines

From GuruFocus

Absecon Bancorp Announces Special Cash Dividend of $3.00 Per Share along with an Annual Cash Dividend of $2.00 Per Share

By Marketwired Marketwired • 12-01-2020