Al-Arafah Islami Bank Dividend
Dividend criteria checks 3/6
Al-Arafah Islami Bank is a dividend paying company with a current yield of 4.9% that is well covered by earnings. Next payment date is on 17th September, 2024 with an ex-dividend date of 10th June, 2024.
Key information
4.9%
Dividend yield
61%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 17 Sep 24 |
| Ex dividend date | 10 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | ৳1.90 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALARABANK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALARABANK has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Al-Arafah Islami Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALARABANK) | 4.9% |
| Market Bottom 25% (BD) | 0.9% |
| Market Top 25% (BD) | 4.2% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast in 3 Years (ALARABANK) | n/a |
Notable Dividend: ALARABANK's dividend (4.9%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: ALARABANK's dividend (4.9%) is in the top 25% of dividend payers in the BD market (4.12%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), ALARABANK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.