Trust Bank Dividend
Dividend criteria checks 3/6
Trust Bank is a dividend paying company with a current yield of 13.37% that is well covered by earnings.
Key information
13.4%
Dividend yield
60%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | GH₵1.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TBL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TBL has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
Trust Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TBL) | 13.4% |
Market Bottom 25% (GH) | 3.6% |
Market Top 25% (GH) | 12.0% |
Industry Average (Banks) | 5.5% |
Analyst forecast in 3 Years (TBL) | n/a |
Notable Dividend: TBL's dividend (13.37%) is higher than the bottom 25% of dividend payers in the GH market (3.73%).
High Dividend: TBL's dividend (13.37%) is in the top 25% of dividend payers in the GH market (12.43%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.4%), 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.