Fidelity Bank Dividend
Dividend criteria checks 5/6
Fidelity Bank is a dividend paying company with a current yield of 8.5% that is well covered by earnings.
Key information
8.5%
Dividend yield
24%
Payout ratio
Industry average yield | 8.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦3.28 |
Dividend yield forecast in 3Y | 14.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FIDELITYBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: FIDELITYBK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fidelity Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FIDELITYBK) | 8.5% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Banks) | 8.4% |
Analyst forecast in 3 Years (FIDELITYBK) | 14.5% |
Notable Dividend: FIDELITYBK's dividend (8.5%) is higher than the bottom 25% of dividend payers in the NG market (1.94%).
High Dividend: FIDELITYBK's dividend (8.5%) is in the top 25% of dividend payers in the NG market (7.01%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.6%), FIDELITYBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FIDELITYBK's dividends in 3 years are forecast to be well covered by earnings (24.9% payout ratio).