Premier Bank Dividend
Dividend criteria checks 3/6
Premier Bank is a dividend paying company with a current yield of 9.53% that is well covered by earnings. Next payment date is on 14th July, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
9.7%
Dividend yield
35%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 14 Jul 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | ৳3.35 |
| 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: PREMIERBAN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PREMIERBAN's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Premier Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PREMIERBAN) | 9.7% |
| Market Bottom 25% (BD) | 0.9% |
| Market Top 25% (BD) | 4.1% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast in 3 Years (PREMIERBAN) | n/a |
Notable Dividend: PREMIERBAN's dividend (9.53%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: PREMIERBAN's dividend (9.53%) 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 (34.7%), PREMIERBAN'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.