GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dacotah Banks Inc (OTCPK:DBIN) » Definitions » Forward Dividend Yield %

Dacotah Banks (Dacotah Banks) Forward Dividend Yield % : 1.93% (As of May. 08, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Dacotah Banks Forward Dividend Yield %?

As of today (2024-05-08), the Forward Annual Dividend Yield of Dacotah Banks is 1.93%.

As of today (2024-05-08), the Trailing Annual Dividend Yield of Dacotah Banks is 2.09%.

DBIN's Forward Dividend Yield % is ranked worse than
86.55% of 1175 companies
in the Banks industry
Industry Median: 4.1 vs DBIN: 1.93

Dacotah Banks's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Dacotah Banks's average Dividends Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Dacotah Banks was 37.00% per year. The lowest was 7.00% per year. And the median was 9.15% 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 Dacotah Banks's Forward Dividend Yield %

For the Banks - Regional subindustry, Dacotah Banks'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.


Dacotah Banks's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Dacotah Banks Forward Dividend Yield % Calculation

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

Dacotah Banks Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3000002024-02-292024-03-012024-03-15Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.3500002023-08-312023-09-012023-09-15Cash Dividendsemi-annuallyUSD:USD 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.

Dacotah Banks's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6/31.10
=1.93 %

Current Share Price is $31.10.
Dacotah Banks's Dividends per Share for the forward twelve months is calculated as $0.3 * 2 = $0.6.

Dacotah Banks's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.65/31.10
=2.09 %

Current Share Price is $31.10.
Dacotah Banks's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.65.

* 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.


Dacotah Banks  (OTCPK:DBIN) 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.


Dacotah Banks Forward Dividend Yield % Related Terms

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


Dacotah Banks (Dacotah Banks) Business Description

Traded in Other Exchanges
N/A
Address
401 South Main Street, Suite 212, Aberdeen, SD, USA, 57402-1496
Dacotah Banks Inc operates as a state-chartered bank in Dakota. It provides banking, insurance, mortgage, trust, and wealth management services to customers. It operates in three divisions including Agricultural, Business, and Personal. The company provides services like loans, insurance, card solutions, money market services, mobile, and online solutions.

Dacotah Banks (Dacotah Banks) Headlines

No Headlines