Bangladesh Submarine Cables Dividend
Dividend criteria checks 2/6
Bangladesh Submarine Cables is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
35%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳5.100 |
| Earnings per share | ৳12.72 |
| Dividend yield forecast | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSCPLC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BSCPLC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Bangladesh Submarine Cables Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BSCPLC) | 3.5% |
| Market Bottom 25% (BD) | 1.2% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Telecom) | 3.0% |
| Analyst forecast (BSCPLC) (up to 3 years) | 3.5% |
Notable Dividend: BSCPLC's dividend (3.49%) is higher than the bottom 25% of dividend payers in the BD market (1.19%).
High Dividend: BSCPLC's dividend (3.49%) is low compared to the top 25% of dividend payers in the BD market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), BSCPLC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.3%), BSCPLC's dividend payments are not well covered by cash flows.