If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BMIT Technologies PLC is 1.21, which seems too high.
During the past 6 years, the highest Dividend Payout Ratio of BMIT Technologies was 1.42. The lowest was 0.82. And the median was 1.13.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of BMIT Technologies was 4.80% per year. The lowest was 4.80% per year. And the median was 4.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
BMIT Technologies Dividend Yield % Historical Data
The historical data trend for BMIT Technologies'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.
Competitive Comparison of BMIT Technologies's Dividend Yield %
For the Information Technology Services subindustry, BMIT Technologies'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.
BMIT Technologies's Dividend Yield % Distribution in the Software Industry
For the Software industry and Technology sector, BMIT Technologies's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where BMIT Technologies's Dividend Yield % falls into.
BMIT Technologies Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
BMIT Technologies Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 0.037800
2024-04-26
2024-04-29
2024-06-20
Cash Dividend
annually
EUR:EUR 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.
BMIT Technologies's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
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.
Thank you for viewing the detailed overview of BMIT Technologies's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and Infrastructure and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The Group's revenues are derived predominantly from operations carried out in Malta. However, it also derives revenue from companies operating out of Malta.
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