Trust Bank Dividends and Buybacks

Dividend criteria checks 4/6

Trust Bank is a dividend paying company with a current yield of 20.72% that is well covered by earnings. Next payment date is on 25th November, 2024 with an ex-dividend date of 19th November, 2024.

Key information

20.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth2.1%
Next dividend pay date25 Nov 24
Ex dividend date19 Nov 24
Dividend per shareGH₵0.750
Payout ratio58%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayNov 12 2024Ex Dividend DateNov 19 2024Dividend Pay DateNov 25 20246 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TBL's dividend payments have been volatile in the past 10 years.

Growing Dividend: TBL's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Trust Bank Dividend Yield vs Market
How does TBL dividend yield compare to the market?
SegmentDividend Yield
Company (TBL)20.7%
Market Bottom 25% (GH)4.9%
Market Top 25% (GH)16.7%
Industry Average (Banks)5.0%
Analyst forecast (TBL) (up to 3 years)n/a

Notable Dividend: TBL's dividend (20.72%) is higher than the bottom 25% of dividend payers in the GH market (4.87%).

High Dividend: TBL's dividend (20.72%) is in the top 25% of dividend payers in the GH market (16.72%)


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.9%), TBL's dividend payments are 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.


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