Absa Bank Kenya Dividend
Dividend criteria checks 0/6
Absa Bank Kenya PLC is a dividend paying company with a current yield of 3.2% that is well covered by earnings.
Key information
3.2%
Dividend yield
55%
Payout ratio
| Industry average yield | 8.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | KSh0.40 |
| Earnings per share | KSh2.46 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Dividend Yield vs Market
| Absa Bank Kenya Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABSA) | 3.2% |
| Market Bottom 25% (KE) | 5.8% |
| Market Top 25% (KE) | 10.3% |
| Industry Average (Banks) | 8.0% |
| Analyst forecast in 3 Years (ABSA) | n/a |
Notable Dividend: ABSA's dividend (3.23%) isn’t notable compared to the bottom 25% of dividend payers in the KE market (5.85%).
High Dividend: ABSA's dividend (3.23%) is low compared to the top 25% of dividend payers in the KE market (10.25%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 2/2/2023 | 0.4 | 3.23 |
| 12/1/2022 | 0.4 | 3.28 |
| 8/30/2022 | 0.4 | 3.47 |
| 3/17/2022 | 1.1 | 9.89 |
| 11/23/2021 | - | 0 |
| 8/26/2021 | - | 0 |
| 5/21/2021 | - | 0 |
| 5/17/2021 | - | 0 |
| 3/25/2021 | - | 0 |
| 11/20/2020 | - | 0 |
| 8/28/2020 | - | 0 |
| 3/23/2020 | 1.1 | 11.15 |
| 1/15/2020 | 1.1 | 8.61 |
| 4/30/2019 | 1.1 | 9.81 |
| 3/11/2019 | 1.1 | 9.23 |
| 5/3/2018 | 1 | 8.88 |
| 3/4/2018 | 1 | 8.04 |
| 2/22/2017 | 1 | 10.51 |
| 5/6/2016 | 1.6 | 17.87 |
| 10/23/2015 | 0.4 | 3.27 |
| 8/13/2015 | 0.4 | 3.07 |
| 4/24/2015 | 1 | 6.59 |
| 3/6/2015 | 1 | 6.07 |
| 10/15/2014 | - | 0 |
| 8/12/2014 | - | 0 |
| 4/29/2014 | 0.7 | 4.14 |
| 2/6/2014 | 0.7 | 4.27 |
| 2/13/2013 | 1 | 5.75 |
| 2/29/2012 | 0.9 | 6.39 |
Stable Dividend: ABSA is not paying a notable dividend for the KE market, therefore no need to check if payments are stable.
Growing Dividend: ABSA is not paying a notable dividend for the KE market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Earnings Coverage: ABSA is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABSA's dividend in 3 years as they are not forecast to pay a notable one for the KE market.