Dividend yield in Uzbekistan

Dividend yield in Uzbekistan
Our regular annual dividends yield and distribution research:
– average distribution rate decreased from 41.8% to 32.8%. Probably with a decrease of pandemic effects more and more companies could prove their CAPEX programs to the Government and shareholders to keep money in the company. Plus one of the sufficient players, QZSM still didn’t paid dividends for 2020FY and will consider this question on the EGM in the end of January;
– Average dividends yield decreased from 15.1% to 12%, mostly due to higher price growth for the main securities. For example from our selected list of most popular and traded securities at the Tashkent Stock Exchange (average dividends yield 8.5%), the average price growth reached 38.7%.