OFX Group (ASX:OFX) Forward Dividend Yield % : 0.00% (As of Jun. 05, 2024)

View and export this data going back to 2013. Start your Free Trial

What is OFX Group Forward Dividend Yield %?

As of today (2024-06-05), the Forward Annual Dividend Yield of OFX Group is 0.00%.

As of today (2024-06-05), the Trailing Annual Dividend Yield of OFX Group is 0.00%.

ASX:OFX's Forward Dividend Yield % is not ranked ^*
in the Capital Markets industry.
Industry Median: 2.56
* Ranked among companies with meaningful Forward Dividend Yield % only.

OFX Group's Dividends per Share for the six months ended in Mar. 2024 was A$0.00.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of OFX Group was -1.70% per year. The lowest was -15.50% per year. And the median was -5.75% 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 OFX Group's Forward Dividend Yield %

For the Capital Markets subindustry, OFX Group'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.

OFX Group's Forward Dividend Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OFX Group's Forward Dividend Yield % distribution charts can be found below:

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

OFX Group Forward Dividend Yield % Calculation

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

OFX Group (ASX:OFX) 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.

OFX Group Forward Dividend Yield % Related Terms

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

OFX Group (ASX:OFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OFX Group Ltd (ASX:OFX) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Margaret Street, Level 19, Sydney, NSW, AUS, 2000

Website

https://www.ofx.com

OFX Group Ltd is a low-cost international multicurrency payments provider via its online platform and network of global bank accounts. The company's two products are international payment services and international payment solutions. Its International payment services are monitored by geographic region and provide bank to bank currency transfers servicing businesses and consumers. International payment solutions are monitored globally and provide strategic partners with a package which includes: OFX IT platform; client service; compliance; banking relationships; and payment capabilities.

OFX Group (ASX:OFX) Headlines

No Headlines