Vitafoam Nigeria Dividend
Dividend criteria checks 5/6
Vitafoam Nigeria is a dividend paying company with a current yield of 8.25% that is well covered by earnings.
Key information
8.3%
Dividend yield
52%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦2.98 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VITAFOAM's dividend payments have been volatile in the past 10 years.
Growing Dividend: VITAFOAM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Vitafoam Nigeria Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (VITAFOAM) | 8.3% |
Market Bottom 25% (NG) | 2.1% |
Market Top 25% (NG) | 7.1% |
Industry Average (Consumer Durables) | 2.5% |
Analyst forecast in 3 Years (VITAFOAM) | n/a |
Notable Dividend: VITAFOAM's dividend (8.25%) is higher than the bottom 25% of dividend payers in the NG market (2.11%).
High Dividend: VITAFOAM's dividend (8.25%) is in the top 25% of dividend payers in the NG market (6.94%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), VITAFOAM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.4%), VITAFOAM's dividend payments are well covered by cash flows.