City Bank Dividend
Dividend criteria checks 4/6
City Bank is a dividend paying company with a current yield of 6.78% that is well covered by earnings.
Key information
6.8%
Dividend yield
29%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ৳1.364 |
Earnings per share | ৳4.76 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CITYBANK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CITYBANK has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
City Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CITYBANK) | 6.8% |
Market Bottom 25% (BD) | 1.0% |
Market Top 25% (BD) | 4.2% |
Industry Average (Banks) | 5.5% |
Analyst forecast in 3 Years (CITYBANK) | 3.2% |
Notable Dividend: CITYBANK's dividend (6.78%) is higher than the bottom 25% of dividend payers in the BD market (1.04%).
High Dividend: CITYBANK's dividend (6.78%) is in the top 25% of dividend payers in the BD market (4.28%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), CITYBANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CITYBANK's dividends in 3 years are forecast to be thoroughly covered by earnings (11.5% payout ratio).