Trust Bank Dividend
Dividend criteria checks 2/6
Trust Bank is a dividend paying company with a current yield of 3.25% that is well covered by earnings.
Key information
3.2%
Dividend yield
29%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳3.18 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRUSTBANK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TRUSTBANK's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Trust Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TRUSTBANK) | 3.2% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (TRUSTBANK) | n/a |
Notable Dividend: TRUSTBANK's dividend (3.25%) is higher than the bottom 25% of dividend payers in the BD market (0.93%).
High Dividend: TRUSTBANK's dividend (3.25%) is low compared to the top 25% of dividend payers in the BD market (4.09%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), TRUSTBANK'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.