GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IFIC Bank PLC (DHA:IFIC) » Definitions » Dividend Yield %

IFIC Bank (DHA:IFIC) Dividend Yield % : 2.84% (As of May. 26, 2024)


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

What is IFIC Bank Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of IFIC Bank is 2.84%.

Good Sign:

IFIC Bank PLC stock dividend yield is close to 1-year high.

The historical rank and industry rank for IFIC Bank's Dividend Yield % or its related term are showing as below:

DHA:IFIC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.79   Med: 2.23   Max: 2.84
Current: 2.84

During the past 9 years, the highest Dividend Yield of IFIC Bank was 2.84%. The lowest was 1.79%. And the median was 2.23%.

DHA:IFIC's Dividend Yield % is ranked worse than
71.42% of 1193 companies
in the Banks industry
Industry Median: 4 vs DHA:IFIC: 2.84

IFIC Bank's Dividend Payout Ratio for the three months ended in Jun. 2023 was 1.00.

During the past 9 years, the highest Dividend Payout Ratio of IFIC Bank was 0.15. The lowest was 0.13. And the median was 0.15.

As of today (2024-05-26), the Forward Dividend Yield % of IFIC Bank is 2.84%.

IFIC Bank's Dividends per Share for the three months ended in Jun. 2023 was BDT0.25.

The growth rate is calculated with least square regression.

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


IFIC Bank Dividend Yield % Historical Data

The historical data trend for IFIC Bank's Dividend Yield % 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.

IFIC Bank Dividend Yield % Chart

IFIC Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only - - - - 2.23

IFIC Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 2.23 2.23

Competitive Comparison of IFIC Bank's Dividend Yield %

For the Banks - Regional subindustry, IFIC Bank's Dividend Yield %, along with its competitors' market caps and 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.


IFIC Bank's Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where IFIC Bank's Dividend Yield % falls into.



IFIC Bank Dividend Yield % Calculation

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

IFIC Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 0.2500002023-05-282023-05-252023-07-16Cash DividendannuallyBDT:BDT 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.

IFIC Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.25/8.80
=2.84 %

Current Share Price is BDT8.80.
IFIC Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT0.25.

IFIC Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.25/8.80
=2.84 %

Current Share Price is BDT8.80.
IFIC Bank's Dividends per Share for the forward twelve months is calculated as BDT0.25 * 1 = BDT0.25.

* 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.


IFIC Bank  (DHA:IFIC) 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.


IFIC Bank Dividend Yield % Related Terms

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


IFIC Bank (DHA:IFIC) Business Description

Traded in Other Exchanges
N/A
Address
IFIC Tower, 61 Purana Paltan, GPO Box : 2229, Dhaka, BGD, 1000
IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.

IFIC Bank (DHA:IFIC) Headlines

No Headlines