Absa Bank Kenya Dividend
Dividend criteria checks 3/6
Absa Bank Kenya is a dividend paying company with a current yield of 11.27% that is well covered by earnings.
Key information
11.3%
Dividend yield
51%
Payout ratio
Industry average yield | 11.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | KSh3.01 |
Dividend yield forecast in 3Y | 13.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABSA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABSA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Absa Bank Kenya Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ABSA) | 11.3% |
Market Bottom 25% (KE) | 5.9% |
Market Top 25% (KE) | 11.3% |
Industry Average (Banks) | 11.5% |
Analyst forecast in 3 Years (ABSA) | 13.1% |
Notable Dividend: ABSA's dividend (11.27%) is higher than the bottom 25% of dividend payers in the KE market (5.94%).
High Dividend: ABSA's dividend (11.27%) is low compared to the top 25% of dividend payers in the KE market (11.52%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.4%), ABSA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.