Absa Bank Kenya is a dividend paying company with a current yield of 11.61% that is well covered by earnings. Next payment date is on 23rd May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
11.6%
Dividend yield
51%
Payout ratio
Industry average yield
11.3%
Next dividend pay date
23 May 24
Ex dividend date
02 May 24
Dividend per share
n/a
Earnings per share
KSh3.01
Dividend yield forecast in 3Y
13.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABSA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABSA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Absa Bank Kenya Dividend Yield vs Market
How does ABSA dividend yield compare to the market?
Segment
Dividend Yield
Company (ABSA)
11.6%
Market Bottom 25% (KE)
6.7%
Market Top 25% (KE)
11.5%
Industry Average (Banks)
11.3%
Analyst forecast in 3 Years (ABSA)
13.5%
Notable Dividend: ABSA's dividend (11.61%) is higher than the bottom 25% of dividend payers in the KE market (6.74%).
High Dividend: ABSA's dividend (11.61%) is in the top 25% of dividend payers in the KE market (11.5%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), ABSA'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.