Ecobank Transnational Dividends and Buybacks
Dividend criteria checks 2/6
Ecobank Transnational is a dividend paying company with a current yield of 7.26% that is well covered by earnings.
Key information
7.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0% |
| Dividend Growth | 26.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | GH₵0.0011 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ETI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ETI has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Ecobank Transnational Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ETI) | 7.3% |
| Market Bottom 25% (GH) | 4.9% |
| Market Top 25% (GH) | 16.7% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (ETI) (up to 3 years) | 0% |
Notable Dividend: ETI's dividend (7.26%) is higher than the bottom 25% of dividend payers in the GH market (4.9%).
High Dividend: ETI's dividend (7.26%) is low compared to the top 25% of dividend payers in the GH market (16.72%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.6%), ETI's dividend payments are thoroughly 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.