Equity Group Holdings Dividend
Dividend criteria checks 4/6
Equity Group Holdings is a dividend paying company with a current yield of 9.52% that is well covered by earnings.
Key information
9.5%
Dividend yield
36%
Payout ratio
| Industry average yield | 11.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | KSh4.000 |
| Earnings per share | KSh11.94 |
| Dividend yield forecast | 17.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EQTY's dividend payments have been volatile in the past 10 years.
Growing Dividend: EQTY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Equity Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EQTY) | 9.5% |
| Market Bottom 25% (KE) | 6.1% |
| Market Top 25% (KE) | 12.0% |
| Industry Average (Banks) | 11.1% |
| Analyst forecast (EQTY) (up to 3 years) | 17.3% |
Notable Dividend: EQTY's dividend (9.52%) is higher than the bottom 25% of dividend payers in the KE market (6.09%).
High Dividend: EQTY's dividend (9.52%) is low compared to the top 25% of dividend payers in the KE market (11.98%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), EQTY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EQTY's dividends in 3 years are forecast to be well covered by earnings (27.4% payout ratio).