Stanbic IBTC Holdings Dividend
Dividend criteria checks 4/6
Stanbic IBTC Holdings is a dividend paying company with a current yield of 6.92% that is well covered by earnings.
Key information
6.9%
Dividend yield
31%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦3.700 |
Earnings per share | ₦11.90 |
Dividend yield forecast in 3Y | 9.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STANBIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: STANBIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Stanbic IBTC Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (STANBIC) | 6.9% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Diversified Financial) | 4.3% |
Analyst forecast in 3 Years (STANBIC) | 9.6% |
Notable Dividend: STANBIC's dividend (6.92%) is higher than the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: STANBIC's dividend (6.92%) 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 (31.1%), STANBIC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STANBIC's dividends in 3 years are forecast to be well covered by earnings (20.8% payout ratio).