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Citizens National (Citizens National) Forward Dividend Yield % : 2.13% (As of May. 22, 2024)


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What is Citizens National Forward Dividend Yield %?

As of today (2024-05-22), the Forward Annual Dividend Yield of Citizens National is 2.13%.

As of today (2024-05-22), the Trailing Annual Dividend Yield of Citizens National is 2.13%.

CZNL's Forward Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 4.06 vs CZNL: 2.13

Citizens National's Dividends per Share for the three months ended in Mar. 2006 was $0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Citizens National's Forward Dividend Yield %

For the Banks - Regional subindustry, Citizens National's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Citizens National's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens National's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Citizens National's Forward Dividend Yield % falls into.



Citizens National Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Citizens National Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2400002024-03-182024-03-192024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2400002023-12-182023-12-192023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2400002023-09-182023-09-192023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2400002023-06-162023-06-202023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Citizens National's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/45.00
=2.13 %

Current Share Price is $45.00.
Citizens National's Dividends per Share for the forward twelve months is calculated as $0.24 * 4 = $0.96.

Citizens National's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.96/45.00
=2.13 %

Current Share Price is $45.00.
Citizens National's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.96.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citizens National  (OTCPK:CZNL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Citizens National Forward Dividend Yield % Related Terms

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Citizens National (Citizens National) Business Description

Traded in Other Exchanges
N/A
Address
620 Broadway, Paintsville, KY, USA, 41240
Citizens National Corp provides banking services. The company provides all necessary banking services and products to its customers. Its deposit products are checking, savings, and term certificate accounts, and its lending products are residential mortgage, commercial, and installment loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from the operations of businesses.

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