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 Yield
n/a
Future Dividend Yield
n/a
Dividend Growth
2.1%
Next dividend pay date
25 Nov 24
Ex dividend date
19 Nov 24
Dividend per share
GH₵0.750
Payout ratio
58%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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?
Segment
Dividend 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.