Zenith Bank Dividends and Buybacks
Dividend criteria checks 5/6
Zenith Bank is a dividend paying company with a current yield of 10.16% that is well covered by earnings.
Key information
10.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 12.4% |
| Dividend Growth | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦4.500 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ZENITHBANK's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZENITHBANK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zenith Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ZENITHBANK) | 10.2% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.3% |
| Industry Average (Banks) | 8.2% |
| Analyst forecast (ZENITHBANK) (up to 3 years) | 12.4% |
Notable Dividend: ZENITHBANK's dividend (10.16%) is higher than the bottom 25% of dividend payers in the NG market (1.6%).
High Dividend: ZENITHBANK's dividend (10.16%) is in the top 25% of dividend payers in the NG market (6.31%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.2%), ZENITHBANK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ZENITHBANK's dividends in 3 years are forecast to be well covered by earnings (19.5% payout ratio).