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Bank of Africa (CAS:BOA) Dividend Yield % : 2.03% (As of May. 25, 2024)


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What is Bank of Africa Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Bank of Africa is 2.03%.

Warning Sign:

Bank of Africa stock dividend yield is close to 10-year low.

The historical rank and industry rank for Bank of Africa's Dividend Yield % or its related term are showing as below:

CAS:BOA' s Dividend Yield % Range Over the Past 10 Years
Min: 1.95   Med: 2.58   Max: 4.56
Current: 2.03

During the past 13 years, the highest Dividend Yield of Bank of Africa was 4.56%. The lowest was 1.95%. And the median was 2.58%.

CAS:BOA's Dividend Yield % is ranked worse than
83.82% of 1193 companies
in the Banks industry
Industry Median: 4 vs CAS:BOA: 2.03

Bank of Africa's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Bank of Africa was 1.46. The lowest was 0.30. And the median was 0.44.

As of today (2024-05-25), the Forward Dividend Yield % of Bank of Africa is 2.03%.

Bank of Africa's Dividends per Share for the three months ended in Dec. 2023 was MAD0.00.

During the past 12 months, Bank of Africa's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of Africa was 23.30% per year. The lowest was -7.20% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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


Bank of Africa Dividend Yield % Historical Data

The historical data trend for Bank of Africa's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Bank of Africa Dividend Yield % Chart

Bank of Africa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 3.21 2.66 2.29 2.19

Bank of Africa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 2.42 2.23 2.18 2.19

Competitive Comparison of Bank of Africa's Dividend Yield %

For the Banks - Diversified subindustry, Bank of Africa's Dividend Yield %, along with its competitors' market caps and 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.


Bank of Africa's Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Africa's Dividend Yield % falls into.



Bank of Africa Dividend Yield % Calculation

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

Bank of Africa Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MAD 3.9285712023-07-062023-07-052023-07-17Cash DividendannuallyMAD:MAD 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.

Bank of Africa's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.928571/194.00
=2.03 %

Current Share Price is MAD194.00.
Bank of Africa's Dividends per Share for the trailing twelve months (TTM) ended in Today is MAD3.928571.

Bank of Africa's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.928571/194.00
=2.03 %

Current Share Price is MAD194.00.
Bank of Africa's Dividends per Share for the forward twelve months is calculated as MAD3.928571 * 1 = MAD3.928571.

* 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.


Bank of Africa  (CAS:BOA) 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.


Bank of Africa Dividend Yield % Related Terms

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


Bank of Africa (CAS:BOA) Business Description

Traded in Other Exchanges
N/A
Address
140 Avenue Hassan II, Casablanca, MAR, 20000
Bank of Africa, formerly Banque Marocaine Du Commerce Exterieur SA is a full-service commercial bank with operations in Morocco and neighboring countries in Africa but also in Europe, China, and Canada. It offers a range of financial services to individual, corporate, and professional clients, including banking, insurance, and asset management. Its products include accounts, credit cards, loans, and other savings and investment products. The bank focuses on developing its core business with stronger market penetration of small and medium-sized businesses and younger customers.

Bank of Africa (CAS:BOA) Headlines

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