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Solidarity Bahrain BSC (BAH:SOLID) Forward Dividend Yield % : 7.99% (As of May. 17, 2024)


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What is Solidarity Bahrain BSC Forward Dividend Yield %?

As of today (2024-05-17), the Forward Annual Dividend Yield of Solidarity Bahrain BSC is 7.99%.

As of today (2024-05-17), the Trailing Annual Dividend Yield of Solidarity Bahrain BSC is 7.99%.

BAH:SOLID's Forward Dividend Yield % is ranked better than
93.33% of 390 companies
in the Insurance industry
Industry Median: 3.715 vs BAH:SOLID: 7.99

Solidarity Bahrain BSC's Dividends per Share for the three months ended in Dec. 2023 was BHD0.00.

During the past 12 months, Solidarity Bahrain BSC's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Solidarity Bahrain BSC was 11.50% per year. The lowest was 10.10% per year. And the median was 10.80% 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 Solidarity Bahrain BSC's Forward Dividend Yield %

For the Insurance - Diversified subindustry, Solidarity Bahrain BSC'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.


Solidarity Bahrain BSC's Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Solidarity Bahrain BSC's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Solidarity Bahrain BSC's Forward Dividend Yield % falls into.



Solidarity Bahrain BSC Forward Dividend Yield % Calculation

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

Solidarity Bahrain BSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BHD 0.0250002024-03-242024-03-252024-04-08Cash DividendannuallyBHD:BHD 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.

Solidarity Bahrain BSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.025/0.313
=7.99 %

Current Share Price is BHD0.313.
Solidarity Bahrain BSC's Dividends per Share for the forward twelve months is calculated as BHD0.025 * 1 = BHD0.025.

Solidarity Bahrain BSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.025/0.313
=7.99 %

Current Share Price is BHD0.313.
Solidarity Bahrain BSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is BHD0.025.

* 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.


Solidarity Bahrain BSC  (BAH:SOLID) 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.


Solidarity Bahrain BSC Forward Dividend Yield % Related Terms

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Solidarity Bahrain BSC (BAH:SOLID) Business Description

Traded in Other Exchanges
N/A
Address
Road 2825, Block 428, PO Box 5282, Flat 71, Building 2080, 7th Floor, Seef Tower, Manama, BHR
Solidarity Bahrain BSC is engaged in providing insurance services in Bahrain. The company provides home protection plans, motor insurance, personal accident, medical insurance, travel insurance, yacht and pleasure boat insurance, and other products. It operates in the following business segments: i) Non-motor which includes fire, marine, general accident, liability, Aviation, and engineering lines of business, ii) Motor, iii) Medical iv) Group Life which includes group life and credit life business, and v) Family Takaful which includes long-term decreasing term and level term business.

Solidarity Bahrain BSC (BAH:SOLID) Headlines

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