Access Holdings Dividend
Dividend criteria checks 6/6
Access Holdings is a dividend paying company with a current yield of 11.54% that is well covered by earnings. Next payment date is on 17th October, 2024 with an ex-dividend date of 4th October, 2024.
Key information
11.5%
Dividend yield
11%
Payout ratio
| Industry average yield | 8.0% |
| Next dividend pay date | 17 Oct 24 |
| Ex dividend date | 04 Oct 24 |
| Dividend per share | ₦2.250 |
| Earnings per share | ₦21.78 |
| Dividend yield forecast | 19.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACCESSCORP's dividends per share have been stable in the past 10 years.
Growing Dividend: ACCESSCORP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Access Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ACCESSCORP) | 11.5% |
| Market Bottom 25% (NG) | 1.7% |
| Market Top 25% (NG) | 6.5% |
| Industry Average (Banks) | 8.0% |
| Analyst forecast (ACCESSCORP) (up to 3 years) | 19.8% |
Notable Dividend: ACCESSCORP's dividend (11.54%) is higher than the bottom 25% of dividend payers in the NG market (1.69%).
High Dividend: ACCESSCORP's dividend (11.54%) is in the top 25% of dividend payers in the NG market (6.5%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), ACCESSCORP's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACCESSCORP's dividends in 3 years are forecast to be well covered by earnings (26.4% payout ratio).