CRDB Bank Dividend
Dividend criteria checks 4/6
CRDB Bank is a dividend paying company with a current yield of 10% that is well covered by earnings.
Key information
10.0%
Dividend yield
31%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | TSh176.15 |
Dividend yield forecast in 3Y | 10.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CRDB's dividend payments have been volatile in the past 10 years.
Growing Dividend: CRDB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CRDB Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CRDB) | 10.0% |
Market Bottom 25% (TZ) | 3.0% |
Market Top 25% (TZ) | 6.8% |
Industry Average (Banks) | 5.3% |
Analyst forecast in 3 Years (CRDB) | 10.0% |
Notable Dividend: CRDB's dividend (10%) is higher than the bottom 25% of dividend payers in the TZ market (2.98%).
High Dividend: CRDB's dividend (10%) is in the top 25% of dividend payers in the TZ market (6.84%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), CRDB's dividend payments are well 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.