Ikeja Hotel Dividends and Buybacks
Dividend criteria checks 2/6
Ikeja Hotel is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
10.9%
Buyback Yield
| Total Shareholder Yield | 12.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -23.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.075 |
| Payout ratio | 5% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IKEJAHOTEL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IKEJAHOTEL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Ikeja Hotel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IKEJAHOTEL) | 1.0% |
| Market Bottom 25% (NG) | 1.7% |
| Market Top 25% (NG) | 6.1% |
| Industry Average (Hospitality) | 4.1% |
| Analyst forecast (IKEJAHOTEL) (up to 3 years) | n/a |
Notable Dividend: IKEJAHOTEL's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (1.66%).
High Dividend: IKEJAHOTEL's dividend (1.01%) is low compared to the top 25% of dividend payers in the NG market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.9%), IKEJAHOTEL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.4%), IKEJAHOTEL's dividend payments are thoroughly covered by cash flows.