Trust Bank Dividends and Buybacks
Dividend criteria checks 4/6
Trust Bank is a dividend paying company with a current yield of 20.19% 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
20.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.0% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | GH₵0.164 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TBL) | 20.2% |
| Market Bottom 25% (GH) | 4.9% |
| Market Top 25% (GH) | 16.7% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (TBL) (up to 3 years) | n/a |
Notable Dividend: TBL's dividend (20.19%) is higher than the bottom 25% of dividend payers in the GH market (4.9%).
High Dividend: TBL's dividend (20.19%) 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.