FCMB Group Dividend

Dividend criteria checks 4/6

FCMB Group is a dividend paying company with a current yield of 6.49% that is well covered by earnings.

Key information


Dividend yield


Payout ratio

Industry average yield8.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₦5.66
Dividend yield forecast in 3Y14.7%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: FCMB's dividend payments have been volatile in the past 10 years.

Growing Dividend: FCMB's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

FCMB Group Dividend Yield vs Market
How does FCMB dividend yield compare to the market?
SegmentDividend Yield
Company (FCMB)6.5%
Market Bottom 25% (NG)1.8%
Market Top 25% (NG)6.9%
Industry Average (Banks)8.2%
Analyst forecast in 3 Years (FCMB)14.7%

Notable Dividend: FCMB's dividend (6.49%) is higher than the bottom 25% of dividend payers in the NG market (1.83%).

High Dividend: FCMB's dividend (6.49%) is low compared to the top 25% of dividend payers in the NG market (6.87%).

Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.8%), FCMB's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: FCMB's dividends in 3 years are forecast to be thoroughly covered by earnings (11% payout ratio).

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