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Commercial Bank of Dubai PSC (DFM:CBD) 3-Year Dividend Growth Rate : 10.40% (As of Mar. 2024)


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What is Commercial Bank of Dubai PSC 3-Year Dividend Growth Rate?

Commercial Bank of Dubai PSC's Dividends per Share for the three months ended in Mar. 2024 was د.إ0.44.

The historical rank and industry rank for Commercial Bank of Dubai PSC's 3-Year Dividend Growth Rate or its related term are showing as below:

DFM:CBD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.3   Med: 6.25   Max: 27.9
Current: 10.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Commercial Bank of Dubai PSC was 27.90% per year. The lowest was -11.30% per year. And the median was 6.25% per year.

DFM:CBD's 3-Year Dividend Growth Rate is ranked better than
59.51% of 773 companies
in the Banks industry
Industry Median: 7.7 vs DFM:CBD: 10.40

During the past 12 months, Commercial Bank of Dubai PSC's average Dividends Per Share Growth Rate was 70.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Commercial Bank of Dubai PSC's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.93. As of today, Commercial Bank of Dubai PSC's Dividend Yield % is 7.22%.

Good Sign:

Commercial Bank of Dubai PSC stock dividend yield is close to 10-year high.

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


Competitive Comparison of Commercial Bank of Dubai PSC's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Commercial Bank of Dubai PSC's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Commercial Bank of Dubai PSC's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial Bank of Dubai PSC's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Commercial Bank of Dubai PSC's 3-Year Dividend Growth Rate falls into.



Commercial Bank of Dubai PSC 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Commercial Bank of Dubai PSC  (DFM:CBD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Commercial Bank of Dubai PSC's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.444/ 0.23
=1.93

During the past 13 years, the highest Dividend Payout Ratio of Commercial Bank of Dubai PSC was 0.66. The lowest was 0.30. And the median was 0.47.

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

Commercial Bank of Dubai PSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AED 0.4438002024-03-152024-03-182024-03-27Cash DividendannuallyAED:AED 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.

Commercial Bank of Dubai PSC's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.4438/6.68
=6.64 %

Current Share Price is د.إ6.68.
Commercial Bank of Dubai PSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is د.إ0.4438.

During the past 13 years, the highest Dividend Yield of Commercial Bank of Dubai PSC was 7.90%. The lowest was 2.82%. And the median was 4.99%.

Good Sign:

Commercial Bank of Dubai PSC stock dividend yield is close to 10-year high.

* 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.


Commercial Bank of Dubai PSC 3-Year Dividend Growth Rate Related Terms>


Commercial Bank of Dubai PSC (DFM:CBD) Business Description

Traded in Other Exchanges
N/A
Address
Al Ittihad Street, P.O. Box 2668, Dubai, ARE
Commercial Bank of Dubai PSC is a banking firm operating in the United Arab Emirates. The company's operating segments include Institutional banking, Corporate banking, Personal banking, and Trading and Other. It generates maximum revenue from the Corporate banking segment. The company services include a current account, savings account, and deposits. Its borrowing services comprise personal loans, home loans, car loans, and credit card facilities of various types. Under its protection portfolio, the bank provides general insurance, life insurance and safe deposit services and its investment services include asset management, financial economy and international investment plans.

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