Bank of Africa - Côte D'ivoire is a dividend paying company with a current yield of 10.45% that is well covered by earnings. Next payment date is on 29th April, 2024 with an ex-dividend date of 25th April, 2024.
Key information
10.5%
Dividend yield
60%
Payout ratio
Industry average yield
9.0%
Next dividend pay date
29 Apr 24
Ex dividend date
25 Apr 24
Dividend per share
n/a
Earnings per share
XOF1.30k
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BOAC's dividends per share have been stable in the past 10 years.
Growing Dividend: BOAC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bank of Africa - Côte D'ivoire Dividend Yield vs Market
How does BOAC dividend yield compare to the market?
Segment
Dividend Yield
Company (BOAC)
10.5%
Market Bottom 25% (CI)
7.0%
Market Top 25% (CI)
11.6%
Industry Average (Banks)
9.0%
Analyst forecast in 3 Years (BOAC)
n/a
Notable Dividend: BOAC's dividend (10.45%) is higher than the bottom 25% of dividend payers in the CI market (6.94%).
High Dividend: BOAC's dividend (10.45%) is low compared to the top 25% of dividend payers in the CI market (11.7%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), BOAC'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.