Gulf Bank Dividend yield

Gulf Bank is part of Banks business, which is part of Financials industry. Gulf Bank is a company from Kuwait, and his stocks are publicly traded.

Gulf Bank stock dividend

Gulf Bank paid a total dividend of 32,030 million KWF last year, for a market value of 846,972 millions (Market Cap 467 millions). Gulf Bank dividend per share is 9.53 KWF, and his stock market price 252.00 KWF.

According to the chart below, where dividend yield is displayed, Gulf Bank has a dividend yield of 3.78%, which is similar to the amount offered by both the market average and companies from Kuwait. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Gulf Bank stocks dividend with other Banks companies or other of the high Kuwait dividend stocks list.

Gulf Bank Dividend Payout

About the ability of Gulf Bank to maintain his current dividend of KWF 9.53 per share, an amount that accounts for 3.78%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gulf Bank payout on ernings is currently 51.82%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Gulf Bank can have problems to keep with his present dividend yield.

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 Gulf Bank is KWF 35.00 per share, which is higher than the dividend per share paid by the company of KWF 9.53, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Gulf Bank, compared againt world market average, Kuwait companies, Financials industry and Banks sector companies.

Gulf Bank Dividend History

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

Year	Yield	KWF	Paypout	Shares*
Present	3.78%	9.53	51.82%	3,361
2022	2.12%	6.66	50.68%	3,201
2021	1.79%	4.99	52.25%	3,011
2020	5.02%	10.99	50.18%	2,898
2019	3.30%	10.00	51.15%	2,898

*In millions

Gulf Bank Stock performance

Finally, last moth Gulf Bank showed a return of -4.50% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -24.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Kuwait and Banks firms.