Global Islami Bank Dividend
Dividend criteria checks 3/6
Global Islami Bank is a dividend paying company with a current yield of 6.49% that is well covered by earnings. Next payment date is on 8th September, 2024 with an ex-dividend date of 9th June, 2024.
Key information
6.5%
Dividend yield
37%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 08 Sep 24 |
| Ex dividend date | 09 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | ৳1.30 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether GIB's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GIB's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Global Islami Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GIB) | 6.5% |
| Market Bottom 25% (BD) | 0.9% |
| Market Top 25% (BD) | 4.0% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast in 3 Years (GIB) | n/a |
Notable Dividend: GIB's dividend (6.49%) is higher than the bottom 25% of dividend payers in the BD market (0.91%).
High Dividend: GIB's dividend (6.49%) is in the top 25% of dividend payers in the BD market (4.05%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), GIB'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.