City Bank Dividends and Buybacks
Dividend criteria checks 4/6
City Bank is a dividend paying company with a current yield of 6.34% that is well covered by earnings.
Key information
6.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.1% |
| Dividend Growth | -1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.364 |
| Payout ratio | 26% |
Recent dividend and buyback 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 9 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) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Banks) | 5.2% |
| Analyst forecast (CITYBANK) (up to 3 years) | 8.1% |
Notable Dividend: CITYBANK's dividend (6.34%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: CITYBANK's dividend (6.34%) is in the top 25% of dividend payers in the BD market (4.37%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), CITYBANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CITYBANK's dividends in 3 years are forecast to be well covered by earnings (23.1% payout ratio).