Diamond Trust Bank Kenya Dividend
Dividend criteria checks 5/6
Diamond Trust Bank Kenya is a dividend paying company with a current yield of 13.19% that is well covered by earnings.
Key information
13.2%
Dividend yield
24%
Payout ratio
| Industry average yield | 11.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | KSh6.000 |
| Earnings per share | KSh25.83 |
| Dividend yield forecast | 23.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DTK's dividend payments have been volatile in the past 10 years.
Growing Dividend: DTK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Diamond Trust Bank Kenya Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DTK) | 13.2% |
| Market Bottom 25% (KE) | 6.5% |
| Market Top 25% (KE) | 12.3% |
| Industry Average (Banks) | 11.0% |
| Analyst forecast (DTK) (up to 3 years) | 23.1% |
Notable Dividend: DTK's dividend (13.19%) is higher than the bottom 25% of dividend payers in the KE market (6.47%).
High Dividend: DTK's dividend (13.19%) is in the top 25% of dividend payers in the KE market (12.3%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), DTK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DTK's dividends in 3 years are forecast to be well covered by earnings (21.6% payout ratio).