Conoil Dividend
Dividend criteria checks 2/6
Conoil is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
16%
Payout ratio
Industry average yield | 9.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦2.500 |
Earnings per share | ₦15.79 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CONOIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: CONOIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Conoil Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CONOIL) | 1.8% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Oil and Gas) | 9.8% |
Analyst forecast in 3 Years (CONOIL) | n/a |
Notable Dividend: CONOIL's dividend (1.83%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: CONOIL's dividend (1.83%) is low compared to the top 25% of dividend payers in the NG market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.2%), CONOIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CONOIL is paying a dividend but the company has no free cash flows.