ANSA Merchant Bank Dividend
Dividend criteria checks 2/6
ANSA Merchant Bank is a dividend paying company with a current yield of 2.89% that is well covered by earnings. Next payment date is on 7th October, 2024 with an ex-dividend date of 19th September, 2024.
Key information
2.9%
Dividend yield
79%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | 07 Oct 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | TT$1.200 |
| Earnings per share | TT$1.51 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AMBL's dividend payments have been volatile in the past 10 years.
Growing Dividend: AMBL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ANSA Merchant Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AMBL) | 2.9% |
| Market Bottom 25% (TT) | 3.2% |
| Market Top 25% (TT) | 5.5% |
| Industry Average (Diversified Financial) | 6.2% |
| Analyst forecast (AMBL) (up to 3 years) | n/a |
Notable Dividend: AMBL's dividend (2.89%) isn’t notable compared to the bottom 25% of dividend payers in the TT market (3.21%).
High Dividend: AMBL's dividend (2.89%) is low compared to the top 25% of dividend payers in the TT market (5.43%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.4%), AMBL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AMBL is paying a dividend but the company has no free cash flows.