In This Article:
An In-depth Look at Komercni Banka AS's Upcoming Dividend and Financial Health
Komercni Banka AS (KMERF) recently announced a dividend of $82.66 per share, payable on 2024-05-27, with the ex-dividend date set for 2024-05-03. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Komercni Banka AS's dividend performance and assess its sustainability.
What Does Komercni Banka AS Do?
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Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by specialized financial services provided by its subsidiaries. The bank operates mainly in the Czech Republic, as well as provides some services to corporate clients in Slovakia. The bank emphasizes long-term client relationships and creating solutions based on client feedback. The majority of the bank's net revenue is net interest income mainly from loans and advances to customers. The bank's loan portfolio is tilted toward the real estate, wholesale, and transportation industries, as well as public administration.
A Glimpse at Komercni Banka AS's Dividend History
Komercni Banka AS has maintained a consistent dividend payment record since 2022. Dividends are currently distributed on a yearly basis. Below is a chart showing annual Dividends Per Share for tracking historical trends.
Breaking Down Komercni Banka AS's Dividend Yield and Growth
As of today, Komercni Banka AS currently has a 12-month trailing dividend yield of 7.84% and a 12-month forward dividend yield of 10.06%. This suggests an expectation of increased dividend payments over the next 12 months.
Based on Komercni Banka AS's dividend yield and five-year growth rate, the 5-year yield on cost of Komercni Banka AS stock as of today is approximately 7.84%.
The Sustainability Question: Payout Ratio and Profitability
To assess the sustainability of the dividend, one needs to evaluate the company's payout ratio. The dividend payout ratio provides insights into the portion of earnings the company distributes as dividends. A lower ratio suggests that the company retains a significant part of its earnings, thereby ensuring the availability of funds for future growth and unexpected downturns. As of 2023-12-31, Komercni Banka AS's dividend payout ratio is 0.69.