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ABSA Bank Kenya (NAI:ABSA) 3-Year Dividend Growth Rate : 14.50% (As of Dec. 2023)


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What is ABSA Bank Kenya 3-Year Dividend Growth Rate?

ABSA Bank Kenya's Dividends per Share for the three months ended in Dec. 2023 was KES0.00.

The historical rank and industry rank for ABSA Bank Kenya's 3-Year Dividend Growth Rate or its related term are showing as below:

NAI:ABSA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -27.6   Med: 3.6   Max: 26
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ABSA Bank Kenya was 26.00% per year. The lowest was -27.60% per year. And the median was 3.60% per year.

NAI:ABSA's 3-Year Dividend Growth Rate is ranked better than
70.21% of 772 companies
in the Banks industry
Industry Median: 7.7 vs NAI:ABSA: 14.50

During the past 12 months, ABSA Bank Kenya's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

ABSA Bank Kenya's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, ABSA Bank Kenya's Dividend Yield % is 11.70%.

Good Sign:

ABSA Bank Kenya PLC stock dividend yield is close to 5-year high.

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


Competitive Comparison of ABSA Bank Kenya's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, ABSA Bank Kenya's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


ABSA Bank Kenya's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ABSA Bank Kenya's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where ABSA Bank Kenya's 3-Year Dividend Growth Rate falls into.



ABSA Bank Kenya 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


ABSA Bank Kenya  (NAI:ABSA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

ABSA Bank Kenya's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.748
=0.00

During the past 13 years, the highest Dividend Payout Ratio of ABSA Bank Kenya was 1.17. The lowest was 0.33. And the median was 0.74.

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

ABSA Bank Kenya Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KES 1.3500002024-05-022024-04-302024-05-16Cash Dividendsemi-annuallyKES:KES 1.000000
KES 0.2000002023-09-222023-09-212023-10-12Cash Dividendsemi-annuallyKES:KES 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.

ABSA Bank Kenya's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.55/13.45
=11.52 %

Current Share Price is KES13.45.
ABSA Bank Kenya's Dividends per Share for the trailing twelve months (TTM) ended in Today is KES1.55.

During the past 13 years, the highest Dividend Yield of ABSA Bank Kenya was 13.99%. The lowest was 1.50%. And the median was 8.73%.

Good Sign:

ABSA Bank Kenya PLC stock dividend yield is close to 5-year high.

* 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.


ABSA Bank Kenya 3-Year Dividend Growth Rate Related Terms>


ABSA Bank Kenya (NAI:ABSA) Business Description

Traded in Other Exchanges
N/A
Address
Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100
ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.

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