Illovo Sugar (Malawi) Dividend
Dividend criteria checks 4/6
Illovo Sugar (Malawi) is a dividend paying company with a current yield of 2.16% that is well covered by earnings.
Key information
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | MK79.55 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Stable Dividend: ILLOVO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ILLOVO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Illovo Sugar (Malawi) Dividend Yield vs Market |
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How does ILLOVO dividend yield compare to the market?Segment | Dividend Yield |
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Company (ILLOVO) | 2.2% |
Market Bottom 25% (MW) | 2.1% |
Market Top 25% (MW) | 3.6% |
Industry Average (Food) | 3.5% |
Analyst forecast in 3 Years (ILLOVO) | n/a |
Notable Dividend: ILLOVO's dividend (2.16%) is higher than the bottom 25% of dividend payers in the MW market (2.13%).
High Dividend: ILLOVO's dividend (2.16%) is low compared to the top 25% of dividend payers in the MW market (3.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), ILLOVO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), ILLOVO's dividend payments are well covered by cash flows.
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