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 yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦1.04 |
Dividend yield forecast in 3Y | n/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 |
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Segment | Dividend 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.