Jamuna Bank Dividend
Dividend criteria checks 3/6
Jamuna Bank is a dividend paying company with a current yield of 7.4% that is well covered by earnings. Next payment date is on 22nd August, 2024 with an ex-dividend date of 27th May, 2024.
Key information
7.4%
Dividend yield
70%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 22 Aug 24 |
| Ex dividend date | 27 May 24 |
| Dividend per share | n/a |
| Earnings per share | ৳2.31 |
| 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: JAMUNABANK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JAMUNABANK's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Jamuna Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JAMUNABANK) | 7.4% |
| Market Bottom 25% (BD) | 0.9% |
| Market Top 25% (BD) | 4.2% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast in 3 Years (JAMUNABANK) | n/a |
Notable Dividend: JAMUNABANK's dividend (7.4%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: JAMUNABANK's dividend (7.4%) is in the top 25% of dividend payers in the BD market (4.12%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.7%), JAMUNABANK's dividend payments are 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.