As of today (2024-04-23), the Trailing Annual Dividend Yield of Close Brothers Group is 14.77%.
The historical rank and industry rank for Close Brothers Group's Dividend Yield % or its related term are showing as below:
LSE:CBG'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.61 Med: 3.96 Max: 22.23
Current: 14.77
During the past 13 years, the highest Dividend Yield of Close Brothers Group was 22.23%. The lowest was 2.61%. And the median was 3.96%.
LSE:CBG's Dividend Yield % is ranked better than 98.67% of 1199
companies
in the Banks industry
Industry Median: 3.99
vs LSE:CBG: 14.77
Close Brothers Group's Dividend Payout Ratio for the
six
months ended in Jan. 2024 was 0.97.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Close Brothers Group PLC is 0.71, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Close Brothers Group was 1.21. The lowest was 0.42. And the median was 0.45.
Close Brothers Group's Dividends per Share for the
six
months ended in Jan. 2024 was £0.45.
During the past 12 months, Close Brothers Group's average Dividends Per Share Growth Rate was 2.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Close Brothers Group was 77.80% per year. The lowest was -8.80% per year. And the median was 8.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Close Brothers Group Dividend Yield % Historical Data
The historical data trend for Close Brothers Group'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.
For the Banks - Regional subindustry, Close Brothers Group'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.
Close Brothers Group Dividend Yield % Distribution
For the Banks industry and Financial Services sector, Close Brothers Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Close Brothers Group's Dividend Yield % falls into.
Close Brothers Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Close Brothers Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
GBP 0.450
2023-10-19
2023-10-20
2023-11-24
Cash Dividend
semi-annually
GBP:GBP 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.
Close Brothers Group's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.45
/
4.57
=
9.85 %
Current Share Price is £4.57.
Close Brothers Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.45.
* 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.
Close Brothers Group (LSE:CBG) 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.
Close Brothers Group Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Close Brothers Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Close Brothers Group (LSE:CBG) Business Description
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.
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