Prime Bank Dividend
Dividend criteria checks 5/6
Prime Bank is a dividend paying company with a current yield of 7.95% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 8th May, 2024.
Key information
8.0%
Dividend yield
43%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | 30 Jun 24 |
Ex dividend date | 08 May 24 |
Dividend per share | n/a |
Earnings per share | ৳4.11 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRIMEBANK's dividend payments have been volatile in the past 10 years.
Growing Dividend: PRIMEBANK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Prime Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PRIMEBANK) | 8.0% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.0% |
Industry Average (Banks) | 5.0% |
Analyst forecast in 3 Years (PRIMEBANK) | 6.8% |
Notable Dividend: PRIMEBANK's dividend (7.95%) is higher than the bottom 25% of dividend payers in the BD market (0.89%).
High Dividend: PRIMEBANK's dividend (7.95%) is in the top 25% of dividend payers in the BD market (4.03%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.6%), PRIMEBANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PRIMEBANK's dividends in 3 years are forecast to be well covered by earnings (30.2% payout ratio).