GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Islam Malaysia Bhd (XKLS:5258) » Definitions » Forward Dividend Yield %

Bank Islam Malaysia Bhd (XKLS:5258) Forward Dividend Yield % : 8.15% (As of May. 27, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Bank Islam Malaysia Bhd Forward Dividend Yield %?

As of today (2024-05-27), the Forward Annual Dividend Yield of Bank Islam Malaysia Bhd is 8.15%.

As of today (2024-05-27), the Trailing Annual Dividend Yield of Bank Islam Malaysia Bhd is 6.78%.

XKLS:5258's Forward Dividend Yield % is ranked better than
88.53% of 1177 companies
in the Banks industry
Industry Median: 4.11 vs XKLS:5258: 8.15

Bank Islam Malaysia Bhd's Dividends per Share for the three months ended in Mar. 2024 was RM0.04.

During the past 12 months, Bank Islam Malaysia Bhd's average Dividends Per Share Growth Rate was 94.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank Islam Malaysia Bhd was 122.70% per year. The lowest was -15.50% per year. And the median was 5.30% 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 Islam Malaysia Bhd's Forward Dividend Yield %

For the Banks - Regional subindustry, Bank Islam Malaysia Bhd'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 Islam Malaysia Bhd's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Bank Islam Malaysia Bhd Forward Dividend Yield % Calculation

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

Bank Islam Malaysia Bhd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MYR 0.0422002024-03-152024-03-182024-04-05Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.1259002023-12-182023-12-192024-01-12Cash Dividendsemi-annuallyMYR:MYR 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 Islam Malaysia Bhd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1688/2.48
=6.81 %

Current Share Price is RM2.48.
Bank Islam Malaysia Bhd's Dividends per Share for the forward twelve months is calculated as RM0.0422 * 4 = RM0.1688.

Bank Islam Malaysia Bhd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1681/2.48
=6.78 %

Current Share Price is RM2.48.
Bank Islam Malaysia Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is RM0.1681.

* 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 Islam Malaysia Bhd  (XKLS:5258) 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 Islam Malaysia Bhd Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Bank Islam Malaysia Bhd's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank Islam Malaysia Bhd (XKLS:5258) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Jalan Perak, 32nd Floor, Menara Bank Islam, Kuala Lumpur, MYS, 50450
Bank Islam Malaysia Bhd is a Malaysia-based Islamic holding company that is principally engaged in providing financial products and services. The company is involved in Islamic business activities mainly through its investment in Shariah-compliant business entities. The company holds a 100% stake in Bank Islam Malaysia Berhad, which is the first Shariah-based bank in Malaysia and Southeast Asia. The company also has interests in venture capital, unit trusts, stock broking, offshore banking, and others.

Bank Islam Malaysia Bhd (XKLS:5258) Headlines

No Headlines