FCMB Group Dividend
Dividend criteria checks 3/6
FCMB Group is a dividend paying company with a current yield of 3.52% that is well covered by earnings.
Key information
3.5%
Dividend yield
9%
Payout ratio
Industry average yield | 8.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦4.80 |
Dividend yield forecast in 3Y | 8.9% |
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 fallen over the past 10 years.
Dividend Yield vs Market
FCMB Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FCMB) | 3.5% |
Market Bottom 25% (NG) | 2.3% |
Market Top 25% (NG) | 7.2% |
Industry Average (Banks) | 8.5% |
Analyst forecast in 3 Years (FCMB) | 8.9% |
Notable Dividend: FCMB's dividend (3.52%) is higher than the bottom 25% of dividend payers in the NG market (2.28%).
High Dividend: FCMB's dividend (3.52%) is low compared to the top 25% of dividend payers in the NG market (7.22%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.7%), 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 well covered by earnings (19.2% payout ratio).