Bank Asia is a dividend paying company with a current yield of 8.15% that is well covered by earnings. Next payment date is on 23rd July, 2024 with an ex-dividend date of 21st May, 2024.
Key information
8.2%
Dividend yield
47%
Payout ratio
Industry average yield
4.9%
Next dividend pay date
23 Jul 24
Ex dividend date
21 May 24
Dividend per share
n/a
Earnings per share
৳3.21
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: BANKASIA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BANKASIA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Bank Asia Dividend Yield vs Market
How does BANKASIA dividend yield compare to the market?
Segment
Dividend Yield
Company (BANKASIA)
8.2%
Market Bottom 25% (BD)
0.9%
Market Top 25% (BD)
4.2%
Industry Average (Banks)
4.9%
Analyst forecast in 3 Years (BANKASIA)
n/a
Notable Dividend: BANKASIA's dividend (8.15%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: BANKASIA's dividend (8.15%) is in the top 25% of dividend payers in the BD market (4.18%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.7%), BANKASIA's dividend payments are well 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.