Presco Dividends and Buybacks
Dividend criteria checks 5/6
Presco is a dividend paying company with a current yield of 5.42% that is well covered by earnings.
Key information
5.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 11.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦26.300 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRESCO's dividends per share have been stable in the past 10 years.
Growing Dividend: PRESCO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Presco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRESCO) | 5.4% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.5% |
| Industry Average (Food) | 1.9% |
| Analyst forecast (PRESCO) (up to 3 years) | 1.4% |
Notable Dividend: PRESCO's dividend (5.42%) is higher than the bottom 25% of dividend payers in the NG market (1.65%).
High Dividend: PRESCO's dividend (5.42%) is low compared to the top 25% of dividend payers in the NG market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), PRESCO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.7%), PRESCO's dividend payments are covered by cash flows.