Presco Dividend
Dividend criteria checks 4/6
Presco is a dividend paying company with a current yield of 6.87% that is well covered by earnings.
Key information
6.9%
Dividend yield
56%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦26.300 |
Earnings per share | ₦46.95 |
Dividend yield forecast in 3Y | 6.9% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (PRESCO) | 6.9% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Food) | 2.0% |
Analyst forecast in 3 Years (PRESCO) | 6.9% |
Notable Dividend: PRESCO's dividend (6.87%) is higher than the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: PRESCO's dividend (6.87%) is low compared to the top 25% of dividend payers in the NG market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56%), PRESCO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (199.5%), PRESCO's dividend payments are not well covered by cash flows.