Ecobank Transnational Dividend
Dividend criteria checks 3/6
Ecobank Transnational is a dividend paying company with a current yield of 6.46% that is well covered by earnings.
Key information
6.5%
Dividend yield
9%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦0.013 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ETI's dividend payments have been volatile in the past 10 years.
Growing Dividend: ETI's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Ecobank Transnational Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ETI) | 6.5% |
Market Bottom 25% (NG) | 1.7% |
Market Top 25% (NG) | 6.3% |
Industry Average (Banks) | 5.4% |
Analyst forecast in 3 Years (ETI) | 0% |
Notable Dividend: ETI's dividend (6.46%) is higher than the bottom 25% of dividend payers in the NG market (1.72%).
High Dividend: ETI's dividend (6.46%) is in the top 25% of dividend payers in the NG market (6.25%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.6%), ETI's dividend payments are thoroughly 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.