GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Scotiabank Trinidad & Tobago Ltd (TRN:SBTT) » Definitions » Forward Dividend Yield %

Scotiabank Trinidad & Tobago (TRN:SBTT) Forward Dividend Yield % : 4.51% (As of May. 27, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Scotiabank Trinidad & Tobago Forward Dividend Yield %?

As of today (2024-05-27), the Forward Annual Dividend Yield of Scotiabank Trinidad & Tobago is 4.51%.

As of today (2024-05-27), the Trailing Annual Dividend Yield of Scotiabank Trinidad & Tobago is 4.29%.

TRN:SBTT's Forward Dividend Yield % is ranked better than
56.16% of 1177 companies
in the Banks industry
Industry Median: 4.11 vs TRN:SBTT: 4.51

Scotiabank Trinidad & Tobago's Dividends per Share for the six months ended in . 20 was TTD0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Scotiabank Trinidad & Tobago's Forward Dividend Yield %

For the Banks - Regional subindustry, Scotiabank Trinidad & Tobago'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.


Scotiabank Trinidad & Tobago's Forward Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where Scotiabank Trinidad & Tobago's Forward Dividend Yield % falls into.



Scotiabank Trinidad & Tobago Forward Dividend Yield % Calculation

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

Scotiabank Trinidad & Tobago Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TTD 0.7500002024-03-262024-03-282024-04-18Cash DividendquarterlyTTD:TTD 1.000000
TTD 0.7000002023-12-272023-12-292024-01-19Cash DividendquarterlyTTD:TTD 1.000000
TTD 0.7000002023-09-142023-09-182023-10-09Cash DividendquarterlyTTD:TTD 1.000000
TTD 0.7000002023-06-152023-06-202023-07-11Cash DividendquarterlyTTD:TTD 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.

Scotiabank Trinidad & Tobago's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3/66.50
=4.51 %

Current Share Price is TTD66.50.
Scotiabank Trinidad & Tobago's Dividends per Share for the forward twelve months is calculated as TTD0.75 * 4 = TTD3.

Scotiabank Trinidad & Tobago's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.85/66.50
=4.29 %

Current Share Price is TTD66.50.
Scotiabank Trinidad & Tobago's Dividends per Share for the trailing twelve months (TTM) ended in Today is TTD2.85.

* 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.


Scotiabank Trinidad & Tobago  (TRN:SBTT) 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.


Scotiabank Trinidad & Tobago Forward Dividend Yield % Related Terms

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


Scotiabank Trinidad & Tobago (TRN:SBTT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
56-58 Richmond Street, Scotiabank Service Centre, Port-of-Spain, TTO
Scotiabank Trinidad & Tobago Ltd operates through retail, corporate, and commercial banking. It provides business accounts, foreign currency business accounts, saving accounts, term deposits, age-based and specialty accounts, and checking accounts.

Scotiabank Trinidad & Tobago (TRN:SBTT) Headlines

No Headlines