Dangote Sugar Refinery Dividend
Dividend criteria checks 2/6
Dangote Sugar Refinery is a dividend paying company with a current yield of 4.9%.
Key information
4.9%
Dividend yield
630%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦1.500 |
| Earnings per share | -₦15.62 |
| Dividend yield forecast | 6.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DANGSUGAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: DANGSUGAR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Dangote Sugar Refinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DANGSUGAR) | 4.9% |
| Market Bottom 25% (NG) | 1.7% |
| Market Top 25% (NG) | 6.8% |
| Industry Average (Food) | 1.9% |
| Analyst forecast (DANGSUGAR) (up to 3 years) | 6.5% |
Notable Dividend: DANGSUGAR's dividend (4.9%) is higher than the bottom 25% of dividend payers in the NG market (1.66%).
High Dividend: DANGSUGAR's dividend (4.9%) is low compared to the top 25% of dividend payers in the NG market (6.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (630.2%), DANGSUGAR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DANGSUGAR is paying a dividend but the company has no free cash flows.