Okomu Oil Palm Dividend
Dividend criteria checks 4/6
Okomu Oil Palm is a dividend paying company with a current yield of 6.35% that is well covered by earnings.
Key information
6.3%
Dividend yield
69%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦26.78 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OKOMUOIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: OKOMUOIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Okomu Oil Palm Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OKOMUOIL) | 6.3% |
Market Bottom 25% (NG) | 2.0% |
Market Top 25% (NG) | 6.8% |
Industry Average (Food) | 2.0% |
Analyst forecast in 3 Years (OKOMUOIL) | 2.4% |
Notable Dividend: OKOMUOIL's dividend (6.35%) is higher than the bottom 25% of dividend payers in the NG market (2.03%).
High Dividend: OKOMUOIL's dividend (6.35%) is low compared to the top 25% of dividend payers in the NG market (6.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.1%), OKOMUOIL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.7%), OKOMUOIL's dividend payments are covered by cash flows.