Bangladesh
6 years ago

MSCI BD dividend yield up marginally

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Dividend yield of the MSCI Bangladesh Index increased marginally to 1.64 per cent at the end of January this year from 1.63 per cent at the end of December last.

The yield is much lower compare to MSCI Frontier Markets which stood 2.86 per cent at the end of January this year.

The index is created by Morgan Stanley Capital International (MSCI) to measure the performance of the large and middle cap segments of the Bangladeshi market.

The annual net return of the index stood at 17.04 per cent at the end of last month which was 17.84 per cent at the end of December last.

The latest report also showed that price-earnings ratio stood at 23.67 at the end of January 2017 while the ratio for the MSCI Frontier Markets stood at 15.86 in the same period. 

The capital market of Bangladesh is placed under the MSCI Frontier Markets Index. From Asia, two other markets are included: Sri Lanka and Vietnam.

Currently five constituents, listed companies to be precise, are included in the index. These are: Square Pharmaceuticals, Grameenphone, Lafarge Cement, Renata and Titas Gas Transmission and Distribution Ltd.

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