Co-operative Bank of Kenya is a dividend paying company with a current yield of 10.71% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 30th April, 2024.
Key information
10.7%
Dividend yield
38%
Payout ratio
Industry average yield
11.4%
Next dividend pay date
10 Jun 24
Ex dividend date
30 Apr 24
Dividend per share
n/a
Earnings per share
KSh3.95
Dividend yield forecast in 3Y
14.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COOP's dividends per share have been stable in the past 10 years.
Growing Dividend: COOP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Co-operative Bank of Kenya Dividend Yield vs Market
How does COOP dividend yield compare to the market?
Segment
Dividend Yield
Company (COOP)
10.7%
Market Bottom 25% (KE)
6.8%
Market Top 25% (KE)
11.5%
Industry Average (Banks)
11.4%
Analyst forecast in 3 Years (COOP)
14.6%
Notable Dividend: COOP's dividend (10.71%) is higher than the bottom 25% of dividend payers in the KE market (6.8%).
High Dividend: COOP's dividend (10.71%) is low compared to the top 25% of dividend payers in the KE market (11.51%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.3%), COOP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COOP's dividends in 3 years are forecast to be well covered by earnings (38.4% payout ratio).