City Bank Dividend
Dividend criteria checks 3/6
City Bank is a dividend paying company with a current yield of 6.26% that is well covered by earnings.
Key information
6.3%
Dividend yield
28%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.364 |
| Earnings per share | ৳4.83 |
| Dividend yield forecast | 6.3% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CITYBANK) | 6.3% |
| Market Bottom 25% (BD) | 1.3% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Banks) | 4.8% |
| Analyst forecast (CITYBANK) (up to 3 years) | 6.3% |
Notable Dividend: CITYBANK's dividend (6.26%) is higher than the bottom 25% of dividend payers in the BD market (1.32%).
High Dividend: CITYBANK's dividend (6.26%) is in the top 25% of dividend payers in the BD market (4.48%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.2%), CITYBANK'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.