PT Bank Central Asia Tbk Payout ratio
What is the Payout ratio of PT Bank Central Asia Tbk?
The Payout ratio of PT Bank Central Asia Tbk is 57.12%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Finance sector on OTC compared to PT Bank Central Asia Tbk
What does PT Bank Central Asia Tbk do?
PT Bank Central Asia Tbk, together with its subsidiaries, provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally. It offers savings accounts; motorcycle financing, as well as car, housing, working capital, and investment loans; mutual funds and bonds; electronic money services; credit cards; business collection services; and home and eBanking, remittance, and customer services. The company also provides investment financing, working capital financing, auto and multipurpose financing, operating lease, other financing activities, money lending and remittance, securities brokerage dealing and securities issuance underwriting, general or loss insurance, life insurance, Sharia banking, and venture capital services. As of December 2021, it operated 1,334 offices comprising 137 main branch offices; 1,105 permanent sub-branch offices; 70 mobile sub-branch offices; and 22 functional offices, as well as total 18,034 automated teller machines (ATMs) consisting of cash recycling machines and multi-functional ATMs. PT Bank Central Asia Tbk was founded in 1955 and is headquartered in Jakarta, Indonesia. PT Bank Central Asia Tbk is a subsidiary of PT Dwimuria Investama Andalan.
Companies with payout ratio similar to PT Bank Central Asia Tbk
- Whitecap Resources has Payout ratio of 57.00%
- Nuveen Missouri Quality Municipal Income Fund has Payout ratio of 57.01%
- Metropole Television S.A has Payout ratio of 57.03%
- PT Bank Mandiri (Persero) Tbk has Payout ratio of 57.03%
- Tai Ping Carpets International has Payout ratio of 57.05%
- Welspun Corp has Payout ratio of 57.08%
- PT Bank Central Asia Tbk has Payout ratio of 57.12%
- B2gold Corp has Payout ratio of 57.14%
- Arrow has Payout ratio of 57.14%
- Hershey has Payout ratio of 57.20%
- Lam Soon (Hong Kong) has Payout ratio of 57.23%
- Westpac Banking has Payout ratio of 57.24%
- Dividend Growth Split has Payout ratio of 57.26%