Bank of Africa Dividend
Dividend criteria checks 4/6
Bank of Africa is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 0.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.م3.940 |
| Payout ratio | 27% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BOA's dividends per share have been stable in the past 10 years.
Growing Dividend: BOA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of Africa Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BOA) | 2.1% |
| Market Bottom 25% (MA) | 2.1% |
| Market Top 25% (MA) | 4.3% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast (BOA) (up to 3 years) | 2.6% |
Notable Dividend: BOA's dividend (2.05%) isn’t notable compared to the bottom 25% of dividend payers in the MA market (2.23%).
High Dividend: BOA's dividend (2.05%) is low compared to the top 25% of dividend payers in the MA market (4.36%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.7%), BOA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BOA's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).