Diamond Trust Bank Kenya Dividends and Buybacks
Dividend criteria checks 4/6
Diamond Trust Bank Kenya is a dividend paying company with a current yield of 11.54% that is well covered by earnings.
Key information
11.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 20.2% |
| Dividend Growth | 24.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | KSh6.000 |
| Payout ratio | 24% |
Recent dividend and buyback 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) | 11.5% |
| Market Bottom 25% (KE) | 6.8% |
| Market Top 25% (KE) | 11.7% |
| Industry Average (Banks) | 10.0% |
| Analyst forecast (DTK) (up to 3 years) | 20.2% |
Notable Dividend: DTK's dividend (11.54%) is higher than the bottom 25% of dividend payers in the KE market (6.77%).
High Dividend: DTK's dividend (11.54%) is low compared to the top 25% of dividend payers in the KE market (11.73%).
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 (22.8% payout ratio).