Africa Prudential Dividends and Buybacks
Dividend criteria checks 3/6
Africa Prudential is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.300 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFRIPRUD's dividend payments have been volatile in the past 10 years.
Growing Dividend: AFRIPRUD's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Africa Prudential Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFRIPRUD) | 3.1% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.4% |
| Industry Average (Capital Markets) | 5.7% |
| Analyst forecast (AFRIPRUD) (up to 3 years) | n/a |
Notable Dividend: AFRIPRUD's dividend (3.13%) is higher than the bottom 25% of dividend payers in the NG market (1.65%).
High Dividend: AFRIPRUD's dividend (3.13%) is low compared to the top 25% of dividend payers in the NG market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.9%), AFRIPRUD's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.9%), AFRIPRUD's dividend payments are thoroughly covered by cash flows.