Northern Nigeria Flour Mills Plc

NGSE:NNFM Stock Report

Market Cap: ₦8.6b

Northern Nigeria Flour Mills Dividend

Dividend criteria checks 0/6

Northern Nigeria Flour Mills is a dividend paying company with a current yield of 0.72%.

Key information

0.7%

Dividend yield

24%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₦1.04
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NNFM is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.

Growing Dividend: NNFM is not paying a notable dividend for the NG market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Northern Nigeria Flour Mills Dividend Yield vs Market
How does NNFM dividend yield compare to the market?
SegmentDividend Yield
Company (NNFM)0.7%
Market Bottom 25% (NG)2.0%
Market Top 25% (NG)6.3%
Industry Average (Food)1.9%
Analyst forecast in 3 Years (NNFM)n/a

Notable Dividend: NNFM's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (2.02%).

High Dividend: NNFM's dividend (0.72%) is low compared to the top 25% of dividend payers in the NG market (6.32%).


Earnings Payout to Shareholders

Earnings Coverage: NNFM is not paying a notable dividend for the NG market.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate NNFM's cash payout ratio to determine if its dividend payments are covered by cash flows.


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