ABC Banking Dividend
Dividend criteria checks 2/6
ABC Banking is a dividend paying company with a current yield of 4.44% that is well covered by earnings.
Key information
4.4%
Dividend yield
22%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | MU₨4.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABCB.I0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ABCB.I0000's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
ABC Banking Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ABCB.I0000) | 4.4% |
Market Bottom 25% (MU) | 3.3% |
Market Top 25% (MU) | 6.1% |
Industry Average (Banks) | 5.8% |
Analyst forecast in 3 Years (ABCB.I0000) | n/a |
Notable Dividend: ABCB.I0000's dividend (4.44%) is higher than the bottom 25% of dividend payers in the MU market (3.32%).
High Dividend: ABCB.I0000's dividend (4.44%) is low compared to the top 25% of dividend payers in the MU market (6.07%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.2%), ABCB.I0000's dividend payments are well 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.