Ikeja Hotel is a dividend paying company with a current yield of 1.11% that is well covered by earnings. Next payment date is on 6th August, 2024 with an ex-dividend date of 8th July, 2024.
Key information
1.1%
Dividend yield
7%
Payout ratio
Industry average yield
5.0%
Next dividend pay date
06 Aug 24
Ex dividend date
08 Jul 24
Dividend per share
n/a
Earnings per share
₦1.18
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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
How does IKEJAHOTEL dividend yield compare to the market?
Segment
Dividend Yield
Company (IKEJAHOTEL)
1.1%
Market Bottom 25% (NG)
2.0%
Market Top 25% (NG)
6.6%
Industry Average (Hospitality)
5.0%
Analyst forecast in 3 Years (IKEJAHOTEL)
n/a
Notable Dividend: IKEJAHOTEL's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (2.11%).
High Dividend: IKEJAHOTEL's dividend (1.11%) is low compared to the top 25% of dividend payers in the NG market (6.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.5%), IKEJAHOTEL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.6%), IKEJAHOTEL's dividend payments are thoroughly covered by cash flows.