Diamond Trust Bank Kenya Limited

NASE:DTK Stock Report

Market Cap: KSh12.7b

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 yield11.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareKSh6.000
Earnings per shareKSh25.83
Dividend yield forecast23.1%

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
How does DTK dividend yield compare to the market?
SegmentDividend 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).


Discover strong dividend paying companies