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Dar eslaam Stock Exchange (DAR:DSE) Dividend Yield % : 6.24% (As of May. 24, 2024)


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What is Dar eslaam Stock Exchange Dividend Yield %?

As of today (2024-05-24), the Trailing Annual Dividend Yield of Dar eslaam Stock Exchange is 6.24%.

The historical rank and industry rank for Dar eslaam Stock Exchange's Dividend Yield % or its related term are showing as below:

DAR:DSE' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9.67
Current: 6.24

During the past 0 years, the highest Dividend Yield of Dar eslaam Stock Exchange was 9.67%. The lowest was 0.00%. And the median was 0.00%.

DAR:DSE's Dividend Yield % is ranked better than
85.55% of 353 companies
in the Capital Markets industry
Industry Median: 2.23 vs DAR:DSE: 6.24

Dar eslaam Stock Exchange's Dividend Payout Ratio for the six months ended in . 20 was 0.00.

As of today (2024-05-24), the Forward Dividend Yield % of Dar eslaam Stock Exchange is 6.24%.

Dar eslaam Stock Exchange's Dividends per Share for the six months ended in . 20 was TZS0.00.

The growth rate is calculated with least square regression.

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


Dar eslaam Stock Exchange Dividend Yield % Historical Data

The historical data trend for Dar eslaam Stock Exchange's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Dar eslaam Stock Exchange Dividend Yield % Chart

Dar eslaam Stock Exchange Annual Data
Trend
Dividend Yield %

Dar eslaam Stock Exchange Semi-Annual Data
Dividend Yield %

Competitive Comparison of Dar eslaam Stock Exchange's Dividend Yield %

For the Financial Data & Stock Exchanges subindustry, Dar eslaam Stock Exchange's Dividend Yield %, along with its competitors' market caps and 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.


Dar eslaam Stock Exchange's Dividend Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dar eslaam Stock Exchange's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dar eslaam Stock Exchange's Dividend Yield % falls into.



Dar eslaam Stock Exchange Dividend Yield % Calculation

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

Dar eslaam Stock Exchange Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TZS 116.0000002023-07-142023-07-192023-07-31Cash DividendannuallyTZS:TZS 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.

Dar eslaam Stock Exchange's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=116/1860.00
=6.24 %

Current Share Price is TZS1860.00.
Dar eslaam Stock Exchange's Dividends per Share for the trailing twelve months (TTM) ended in Today is TZS116.

Dar eslaam Stock Exchange's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=116/1860.00
=6.24 %

Current Share Price is TZS1860.00.
Dar eslaam Stock Exchange's Dividends per Share for the forward twelve months is calculated as TZS116 * 1 = TZS116.

* 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.


Dar eslaam Stock Exchange  (DAR:DSE) 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.


Dar eslaam Stock Exchange Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Dar eslaam Stock Exchange's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dar eslaam Stock Exchange (DAR:DSE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6 Ufukoni Street, 3 rd Floor, NHC Corporate Office, Kambarage House, Dar es Salaam, TZA
Dar es Salaam Stock Exchange PLC provides securities markets to investors who intend to invest in the listed companies. Its business includes listing, trading, clearing, and settlement of equities, bonds, and other stock markets-related products and services.