Abbey Mortgage Bank Dividend
Dividend criteria checks 1/6
Abbey Mortgage Bank is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
37%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦0.040 |
Earnings per share | ₦0.10 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ABBEYBDS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ABBEYBDS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Abbey Mortgage Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ABBEYBDS) | 1.5% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Diversified Financial) | 4.3% |
Analyst forecast in 3 Years (ABBEYBDS) | n/a |
Notable Dividend: ABBEYBDS's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: ABBEYBDS's dividend (1.48%) is low compared to the top 25% of dividend payers in the NG market (7.03%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), ABBEYBDS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.