Vitafoam Nigeria Dividends and Buybacks
Dividend criteria checks 4/6
Vitafoam Nigeria is a dividend paying company with a current yield of 7.29%.
Key information
7.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦1.560 |
| Payout ratio | -73% |
Recent dividend and buyback 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) | 7.3% |
| Market Bottom 25% (NG) | 1.7% |
| Market Top 25% (NG) | 6.3% |
| Industry Average (Consumer Durables) | 2.3% |
| Analyst forecast (VITAFOAM) (up to 3 years) | n/a |
Notable Dividend: VITAFOAM's dividend (7.29%) is higher than the bottom 25% of dividend payers in the NG market (1.62%).
High Dividend: VITAFOAM's dividend (7.29%) is in the top 25% of dividend payers in the NG market (6.29%)
Earnings Payout to Shareholders
Earnings Coverage: VITAFOAM is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.3%), VITAFOAM's dividend payments are well covered by cash flows.