Abbey Mortgage Bank Dividend
Dividend criteria checks 1/6
Abbey Mortgage Bank is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
47%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | 13 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₦0.099 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
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) | 1.6% |
| Market Bottom 25% (NG) | 2.1% |
| Market Top 25% (NG) | 6.7% |
| Industry Average (Diversified Financial) | 4.8% |
| Analyst forecast in 3 Years (ABBEYBDS) | n/a |
Notable Dividend: ABBEYBDS's dividend (1.6%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (2.11%).
High Dividend: ABBEYBDS's dividend (1.6%) is low compared to the top 25% of dividend payers in the NG market (6.71%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.6%), 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.