Jaiz Bank Dividend
Dividend criteria checks 2/6
Jaiz Bank is a dividend paying company with a current yield of 2.53% that is well covered by earnings.
Key information
2.5%
Dividend yield
17%
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 | ₦0.29 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, JAIZBANK has been paying a dividend for less than 10 years.
Growing Dividend: JAIZBANK's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Jaiz Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (JAIZBANK) | 2.5% |
Market Bottom 25% (NG) | 2.3% |
Market Top 25% (NG) | 7.2% |
Industry Average (Banks) | 8.5% |
Analyst forecast in 3 Years (JAIZBANK) | n/a |
Notable Dividend: JAIZBANK's dividend (2.53%) is higher than the bottom 25% of dividend payers in the NG market (2.34%).
High Dividend: JAIZBANK's dividend (2.53%) 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 (17.2%), JAIZBANK's dividend payments are well 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.