PT Bank Rakyat Indonesia (Persero) Tbk Dividend yield
What is the Dividend yield of PT Bank Rakyat Indonesia (Persero) Tbk?
The Dividend yield of PT Bank Rakyat Indonesia (Persero) Tbk is 6.25%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Finance sector on OTC compared to PT Bank Rakyat Indonesia (Persero) Tbk
What does PT Bank Rakyat Indonesia (Persero) Tbk do?
PT Bank Rakyat Indonesia (Persero) Tbk provides various banking products and services in Indonesia, Singapore, Timor Leste, Hong Kong, Taiwan, Singapore, and the United States. The company offers current and savings accounts; time deposits; house, micro business, working capital, investment, food, warehouse receipt, partnership, franchise, and cash collateral loans; and supply chain financing solutions. It also provides banking services, such as bill payment, deposit, online transaction, money transfer, and remittance services; investment products, such as pension and mutual funds, and retail bonds and retail sukuk products; import and export services; letter of credits; and BRI RTE online system and money changer services. In addition, the company offers Internet banking and merchant services; credit cards; wealth management services; business guarantee and clearing business services; financial and institutional business banking services; and treasury, custodian, trustee, and cash management services. PT Bank Rakyat Indonesia (Persero) Tbk was founded in 1895 and is headquartered in Jakarta, Indonesia.
Companies with dividend yield similar to PT Bank Rakyat Indonesia (Persero) Tbk
- AEON Stores (Hong Kong) Co has Dividend yield of 6.25%
- AMS Public Transport has Dividend yield of 6.25%
- HGL has Dividend yield of 6.25%
- Eumundi has Dividend yield of 6.25%
- Jujiang Construction Co has Dividend yield of 6.25%
- Banco Bilbao Vizcaya Argentaria, S.A has Dividend yield of 6.25%
- PT Bank Rakyat Indonesia (Persero) Tbk has Dividend yield of 6.25%
- Caisse Regionale de Credit Agricole Mutuel Brie Picardie Societe cooperative has Dividend yield of 6.26%
- BlackRock Taxable Municipal Bond Trust has Dividend yield of 6.27%
- Athene has Dividend yield of 6.28%
- Barloworld has Dividend yield of 6.28%
- SK Telecom Co Ltd has Dividend yield of 6.28%
- Porsche Automobil SE has Dividend yield of 6.28%