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First Prudential Modaraba (KAR:PMI) Forward Dividend Yield % : 16.39% (As of May. 22, 2024)


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What is First Prudential Modaraba Forward Dividend Yield %?

As of today (2024-05-22), the Forward Annual Dividend Yield of First Prudential Modaraba is 16.39%.

As of today (2024-05-22), the Trailing Annual Dividend Yield of First Prudential Modaraba is 16.39%.

KAR:PMI's Forward Dividend Yield % is not ranked
in the Credit Services industry.
Industry Median: 3.74 vs KAR:PMI: 16.39

First Prudential Modaraba's Dividends per Share for the three months ended in . 20 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 First Prudential Modaraba's Forward Dividend Yield %

For the Credit Services subindustry, First Prudential Modaraba'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.


First Prudential Modaraba's Forward Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, First Prudential Modaraba's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Prudential Modaraba's Forward Dividend Yield % falls into.



First Prudential Modaraba Forward Dividend Yield % Calculation

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

First Prudential Modaraba Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PKR 0.3000002023-10-112023-10-122023-11-14Cash DividendannuallyPKR:PKR 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.

First Prudential Modaraba's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3/1.83
=16.39 %

Current Share Price is ₨1.83.
First Prudential Modaraba's Dividends per Share for the forward twelve months is calculated as ₨0.3 * 1 = ₨0.3.

First Prudential Modaraba's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/1.83
=16.39 %

Current Share Price is ₨1.83.
First Prudential Modaraba's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₨0.3.

* 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.


First Prudential Modaraba  (KAR:PMI) 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.


First Prudential Modaraba Forward Dividend Yield % Related Terms

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First Prudential Modaraba (KAR:PMI) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, Horizon Vista, Plot No: Commercial 10, Block No: 4, Clifton, Scheme No.5, Karachi, PAK
First Prudential Modaraba is managed by Prudential Capital Management Limited. It provides various Islamic funding & businesses including ijarah financing, deployment of the fund in musharika, morabaha, and investment in securities. It provides financial assistance for working capital needs, Ijaraha of all types of assets with special emphasis on vehicle and industrial machinery, including securitization of lease portfolio of leasing companies and commercial activities including syndication and leveraged leasing, underwriting of public issue of shares.

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