Dubai Islamic Bank Dividend yield

Dubai Islamic Bank is part of Banks business, which is part of Financials industry. Dubai Islamic Bank is a company from U. Arab Emirates, and his stocks are publicly traded.

Dubai Islamic Bank stock dividend

Dubai Islamic Bank paid a total dividend of 2,168 million AED last year, for a market value of 40,760 millions (Market Cap 16,304 millions). Dubai Islamic Bank dividend per share is 0.30 AED, and his stock market price 5.64 AED.

According to the chart below, where dividend yield is displayed, Dubai Islamic Bank has a dividend yield of 5.32%, which is higher than the amount offered by both the market average and companies from U. Arab Emirates. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Dubai Islamic Bank stocks dividend with other Banks companies or other of the high U. Arab Emirates dividend stocks list.

Dubai Islamic Bank Dividend Payout

About the ability of Dubai Islamic Bank to maintain his current dividend of AED 0.30 per share, an amount that accounts for 5.32%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dubai Islamic Bank payout on ernings is currently 42.25%, which is higher than the market average, but lower than companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Dubai Islamic Bank should not have problems to continue paying his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Dubai Islamic Bank is AED 1.11 per share, which is higher than the dividend per share paid by the company of AED 0.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Dubai Islamic Bank, compared againt world market average, U. Arab Emirates companies, Financials industry and Banks sector companies.

Dubai Islamic Bank Dividend History

Below you will find a table with the historical evolution of Dubai Islamic Bank's dividend stock, both in percentage and in AED, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AED	Paypout	Shares*
Present	5.32%	0.30	42.25%	7,227
2022	4.39%	0.25	46.30%	7,227
2021	3.72%	0.20	51.28%	7,227
2020	7.59%	0.35	55.56%	7,227
2019	6.35%	0.35	52.24%	6,576
2018	6.75%	0.34	58.62%	6,576
2017	7.27%	0.45	71.43%	4,932
2016	6.87%	0.36	50.00%	4,942
2015	6.25%	0.40	59.70%	3,954

*In millions

Then you can see the evolution of Dubai Islamic Bank dividend stock, and compare it with the average of U. Arab Emirates stocks and that of the Banks stocks.

Dubai Islamic Bank Stock performance

Finally, last moth Dubai Islamic Bank showed a return of -1.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -3.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for U. Arab Emirates and Banks firms.