Mutual Trust Bank is a dividend paying company with a current yield of 6.71% that is well covered by earnings. Next payment date is on 3rd July, 2024 with an ex-dividend date of 12th May, 2024.
Key information
6.7%
Dividend yield
33%
Payout ratio
Industry average yield
4.9%
Next dividend pay date
03 Jul 24
Ex dividend date
12 May 24
Dividend per share
n/a
Earnings per share
৳3.00
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: Too early to tell whether MTB's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MTB's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Mutual Trust Bank Dividend Yield vs Market
How does MTB dividend yield compare to the market?
Segment
Dividend Yield
Company (MTB)
6.7%
Market Bottom 25% (BD)
0.9%
Market Top 25% (BD)
4.2%
Industry Average (Banks)
4.9%
Analyst forecast in 3 Years (MTB)
n/a
Notable Dividend: MTB's dividend (6.71%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: MTB's dividend (6.71%) is in the top 25% of dividend payers in the BD market (4.12%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), MTB'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.