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 yield8.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareKSh0.40
Earnings per shareKSh2.46
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Dividend Yield vs Market

Absa Bank Kenya Dividend Yield vs Market
How does ABSA dividend yield compare to the market?
SegmentDividend 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

How stable has Absa Bank Kenya's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
2/2/20230.43.23
12/1/20220.43.28
8/30/20220.43.47
3/17/20221.19.89
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
3/23/20201.111.15
1/15/20201.18.61
4/30/20191.19.81
3/11/20191.19.23
5/3/201818.88
3/4/201818.04
2/22/2017110.51
5/6/20161.617.87
10/23/20150.43.27
8/13/20150.43.07
4/24/201516.59
3/6/201516.07
10/15/2014-0
8/12/2014-0
4/29/20140.74.14
2/6/20140.74.27
2/13/201315.75
2/29/20120.96.39

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.


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