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Summit Power (DHA:SUMITPOWER) Dividend Yield % : 4.31% (As of May. 11, 2024)


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What is Summit Power Dividend Yield %?

As of today (2024-05-11), the Trailing Annual Dividend Yield of Summit Power is 4.31%.

Warning Sign:

Summit Power Ltd stock dividend yield is close to 5-year low.

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

DHA:SUMITPOWER' s Dividend Yield % Range Over the Past 10 Years
Min: 2.23   Med: 7.27   Max: 14.25
Current: 4.31

During the past 13 years, the highest Dividend Yield of Summit Power was 14.25%. The lowest was 2.23%. And the median was 7.27%.

DHA:SUMITPOWER's Dividend Yield % is ranked better than
57.85% of 427 companies
in the Utilities - Regulated industry
Industry Median: 3.86 vs DHA:SUMITPOWER: 4.31

Summit Power's Dividend Payout Ratio for the three months ended in Jun. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Summit Power Ltd is 0.99, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Summit Power was 0.99. The lowest was 0.27. And the median was 0.68.

As of today (2024-05-11), the Forward Dividend Yield % of Summit Power is 4.31%.

Summit Power's Dividends per Share for the three months ended in Jun. 2023 was BDT0.00.

During the past 12 months, Summit Power's average Dividends Per Share Growth Rate was -42.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -26.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Summit Power was 49.50% per year. The lowest was -26.30% per year. And the median was -3.65% per year.

The growth rate is calculated with least square regression.

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


Summit Power Dividend Yield % Historical Data

The historical data trend for Summit Power'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.

Summit Power Dividend Yield % Chart

Summit Power Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 14.25 4.54 9.33 5.88

Summit Power Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 9.33 10.29 5.88 5.88 5.88

Competitive Comparison of Summit Power's Dividend Yield %

For the Utilities - Regulated Electric subindustry, Summit Power'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.


Summit Power's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Summit Power's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Summit Power's Dividend Yield % falls into.



Summit Power Dividend Yield % Calculation

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

Summit Power Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.0000002024-03-182024-03-140000-00-00Cash 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.

Summit Power's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/23.20
=4.31 %

Current Share Price is BDT23.20.
Summit Power's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT1.

Summit Power's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/23.20
=0.00 %

Current Share Price is BDT23.20.
Summit Power's Dividends per Share for the forward twelve months is calculated as BDT * = BDT.

* 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.


Summit Power  (DHA:SUMITPOWER) 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.


Summit Power Dividend Yield % Related Terms

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


Summit Power (DHA:SUMITPOWER) Business Description

Traded in Other Exchanges
N/A
Address
Karwan Bazar C/A, Summit Centre, 18, Dhaka, BGD, 1215
Summit Power Ltd is engaged in the generation and supply of electricity. It focuses on developing, owning, and operating power generating assets. It owns and operates 15 power plants at different locations in Bangladesh with a total Installed capacity of 975.96 MW. The company supplies electricity to Bangladesh Power Development Board and Bangladesh Rural Electrification Board.

Summit Power (DHA:SUMITPOWER) Headlines

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