Guaranty Trust Holding Dividend
Dividend criteria checks 6/6
Guaranty Trust Holding is a dividend paying company with a current yield of 6.35% that is well covered by earnings.
Key information
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦18.91 |
Dividend yield forecast in 3Y | 18.3% |
Recent dividend updates
Stability and Growth of Payments
Stable Dividend: GTCO's dividends per share have been stable in the past 10 years.
Growing Dividend: GTCO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Guaranty Trust Holding Dividend Yield vs Market |
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How does GTCO dividend yield compare to the market?Segment | Dividend Yield |
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Company (GTCO) | 6.3% |
Market Bottom 25% (NG) | 1.7% |
Market Top 25% (NG) | 6.3% |
Industry Average (Banks) | 5.4% |
Analyst forecast in 3 Years (GTCO) | 18.3% |
Notable Dividend: GTCO's dividend (6.35%) is higher than the bottom 25% of dividend payers in the NG market (1.72%).
High Dividend: GTCO's dividend (6.35%) 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 (23%), GTCO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GTCO's dividends in 3 years are forecast to be well covered by earnings (45.7% payout ratio).
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