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BOC Kenya (NAI:BOC) Forward Dividend Yield % : 6.51% (As of May. 23, 2024)


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What is BOC Kenya Forward Dividend Yield %?

As of today (2024-05-23), the Forward Annual Dividend Yield of BOC Kenya is 6.51%.

As of today (2024-05-23), the Trailing Annual Dividend Yield of BOC Kenya is 4.78%.

NAI:BOC's Forward Dividend Yield % is ranked better than
93.23% of 1019 companies
in the Chemicals industry
Industry Median: 1.97 vs NAI:BOC: 6.51

BOC Kenya's Dividends per Share for the six months ended in Dec. 2022 was KES4.50.

During the past 12 months, BOC Kenya's average Dividends Per Share Growth Rate was -20.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.70% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of BOC Kenya was 2.70% per year. The lowest was -8.60% per year. And the median was -0.85% 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 BOC Kenya's Forward Dividend Yield %

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Forward Dividend Yield % distribution charts can be found below:

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



BOC Kenya Forward Dividend Yield % Calculation

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

BOC Kenya Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KES 4.4500002023-06-022023-05-312023-07-21Cash 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.

BOC Kenya's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=8.9/93.00
=9.57 %

Current Share Price is KES93.00.
BOC Kenya's Dividends per Share for the forward twelve months is calculated as KES4.45 * 2 = KES8.9.

BOC Kenya's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.45/93.00
=4.78 %

Current Share Price is KES93.00.
BOC Kenya's Dividends per Share for the trailing twelve months (TTM) ended in Today is KES4.45.

* 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.


BOC Kenya  (NAI:BOC) 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.


BOC Kenya Forward Dividend Yield % Related Terms

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BOC Kenya (NAI:BOC) Business Description

Traded in Other Exchanges
N/A
Address
Kitui Road, Off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is engaged in the manufacture and sale of industrial gases, medical gases, and welding products. The company's segment based on regions consists of Kenya, Tanzania, and Uganda. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, and special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates majority of its revenue from the sale of medical and industrial gases.