Sina Bank Among Top Three Listed Banks in Dividend Payout Ratio

With an average dividend payout ratio of 16.62% over the past two years, Sina Bank ranked among the top three listed banks in the country in this regard.

Ambassador Arjan: By recording an average of 16.62 percent of the ratio of dividend distribution to profit per share in the last two years, from this point of view, Bank Sina was among the top three listed banks in the country.

According to the report of Ambassador Arjan, citing the public relations of Sina Bank, the analysis of the performance of this bank in the field of profit distribution shows that the ratio of cash dividends paid to realized profits per share (DPS) to (EPS) has increased from 10.02% to 23.23% in the last fiscal year, a growth that indicates more than doubling of this ratio compared to the previous fiscal year.

Based on this performance, the two-year average dividend payout ratio of Sina Bank has reached 16.62%, placing this bank among the top three listed banks from this point of view.

The increase in the dividend ratio in the last financial year indicates the growth of the share of cash profit allocated to shareholders from the realized profit of the bank, and it can be considered by the capital market activists in the evaluation of the dividend policy and the amount of attention paid to the interests of shareholders.

In this way, in addition to its performance in the field of profitability, Sina Bank has also gained a significant position among listed banks in terms of cash yield for shareholders by increasing the profit sharing ratio in the last financial year.