Absa Bank Botswana Dividend
Dividend criteria checks 4/6
Absa Bank Botswana is a dividend paying company with a current yield of 8.8% that is well covered by earnings.
Key information
8.8%
Dividend yield
80%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | P0.584 |
| Earnings per share | P0.73 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABBL-EQO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABBL-EQO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Absa Bank Botswana Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABBL-EQO) | 8.8% |
| Market Bottom 25% (BW) | 4.8% |
| Market Top 25% (BW) | 8.2% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (ABBL-EQO) (up to 3 years) | n/a |
Notable Dividend: ABBL-EQO's dividend (8.8%) is higher than the bottom 25% of dividend payers in the BW market (4.84%).
High Dividend: ABBL-EQO's dividend (8.8%) is in the top 25% of dividend payers in the BW market (8.2%)
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.7%), ABBL-EQO's 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.