Ecobank Transnational Dividend
Dividend criteria checks 3/6
Ecobank Transnational is a dividend paying company with a current yield of 7.71% that is well covered by earnings.
Key information
7.7%
Dividend yield
9%
Payout ratio
Industry average yield | 8.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦0.0011 |
Earnings per share | ₦0.012 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ETI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ETI has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Ecobank Transnational Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ETI) | 7.7% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Banks) | 8.6% |
Analyst forecast in 3 Years (ETI) | 0% |
Notable Dividend: ETI's dividend (7.71%) is higher than the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: ETI's dividend (7.71%) is in the top 25% of dividend payers in the NG market (7.03%)
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.