Zenith Bank Dividend
Dividend criteria checks 5/6
Zenith Bank is a dividend paying company with a current yield of 13.33% that is well covered by earnings.
Key information
13.3%
Dividend yield
14%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$27.67 |
Dividend yield forecast in 3Y | 30.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ZENB's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZENB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zenith Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ZENB) | 13.3% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.7% |
Industry Average (Banks) | 6.1% |
Analyst forecast in 3 Years (ZENB) | 30.0% |
Notable Dividend: ZENB's dividend (13.33%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: ZENB's dividend (13.33%) is in the top 25% of dividend payers in the UK market (5.71%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.5%), ZENB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ZENB's dividends in 3 years are forecast to be well covered by earnings (39.4% payout ratio).