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Bank NizwaOG (MUS:BKNZ) Forward Dividend Yield % : 2.23% (As of May. 23, 2024)


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What is Bank NizwaOG Forward Dividend Yield %?

As of today (2024-05-23), the Forward Annual Dividend Yield of Bank NizwaOG is 2.23%.

As of today (2024-05-23), the Trailing Annual Dividend Yield of Bank NizwaOG is 2.23%.

MUS:BKNZ's Forward Dividend Yield % is ranked worse than
82.3% of 1175 companies
in the Banks industry
Industry Median: 4.08 vs MUS:BKNZ: 2.23

Bank NizwaOG's Dividends per Share for the three months ended in Dec. 2023 was ر.ع0.00.

During the past 12 months, Bank NizwaOG's average Dividends Per Share Growth Rate was 33.30% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Bank NizwaOG's Forward Dividend Yield %

For the Banks - Regional subindustry, Bank NizwaOG'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.


Bank NizwaOG's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Bank NizwaOG Forward Dividend Yield % Calculation

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

Bank NizwaOG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
OMR 0.0023002024-03-272024-03-262024-03-27Cash DividendannuallyOMR:OMR 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.

Bank NizwaOG's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0023/0.108
=2.13 %

Current Share Price is ر.ع0.108.
Bank NizwaOG's Dividends per Share for the forward twelve months is calculated as ر.ع0.0023 * 1 = ر.ع0.0023.

Bank NizwaOG's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0023/0.108
=2.13 %

Current Share Price is ر.ع0.108.
Bank NizwaOG's Dividends per Share for the trailing twelve months (TTM) ended in Today is ر.ع0.0023.

* 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.


Bank NizwaOG  (MUS:BKNZ) 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.


Bank NizwaOG Forward Dividend Yield % Related Terms

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Bank NizwaOG (MUS:BKNZ) Business Description

Traded in Other Exchanges
N/A
Address
Beach One Building, Shatti A Qurum, P.O. Box 1423, Al khuwair, Muscat, OMN, 133
Bank Nizwa SAOG is engaged in opening current, saving and investment accounts, providing Murabaha finance, Ijara financing, and other Sharia compliant forms of financing as well as managing investors' money based on Mudaraba in exchange for a profit share or agency in exchange for a fee, and excess profit as incentive providing commercial banking services and other investment activities. The Bank is organized into three operating segments based on business units: Retail banking; Corporate banking; Treasury and investment banking and others. It derives most of its revenues from the Corporate Banking segment.

Bank NizwaOG (MUS:BKNZ) Headlines

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