BRAC Bank Dividend
Dividend criteria checks 4/6
BRAC Bank is a dividend paying company with a current yield of 2.58% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 8th May, 2024.
Key information
2.6%
Dividend yield
21%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | 30 Jun 24 |
Ex dividend date | 08 May 24 |
Dividend per share | n/a |
Earnings per share | ৳4.73 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BRACBANK's dividend payments have been volatile in the past 10 years.
Growing Dividend: BRACBANK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
BRAC Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (BRACBANK) | 2.6% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.0% |
Industry Average (Banks) | 5.0% |
Analyst forecast in 3 Years (BRACBANK) | 2.8% |
Notable Dividend: BRACBANK's dividend (2.58%) is higher than the bottom 25% of dividend payers in the BD market (0.89%).
High Dividend: BRACBANK's dividend (2.58%) is low compared to the top 25% of dividend payers in the BD market (4.03%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), BRACBANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BRACBANK's dividends in 3 years are forecast to be thoroughly covered by earnings (10.9% payout ratio).