Midland Bank Dividend
Dividend criteria checks 2/6
Midland Bank is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
31%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳0.500 |
| Earnings per share | ৳1.90 |
| Future Dividend Yield | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MIDLANDBNK's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MIDLANDBNK's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Midland Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MIDLANDBNK) | 1.8% |
| Market Bottom 25% (BD) | 1.4% |
| Market Top 25% (BD) | 4.7% |
| Industry Average (Banks) | 5.1% |
| Analyst forecast (MIDLANDBNK) (up to 3 years) | n/a |
Notable Dividend: MIDLANDBNK's dividend (1.79%) is higher than the bottom 25% of dividend payers in the BD market (1.35%).
High Dividend: MIDLANDBNK's dividend (1.79%) is low compared to the top 25% of dividend payers in the BD market (4.67%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.1%), MIDLANDBNK'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.