Unilever Nigeria Dividend
Dividend criteria checks 2/6
Unilever Nigeria is a dividend paying company with a current yield of 5.36% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
5.4%
Dividend yield
26%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 10 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | ₦2.86 |
| Dividend yield forecast in 3Y | 12.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UNILEVER's dividend payments have been volatile in the past 10 years.
Growing Dividend: UNILEVER's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Unilever Nigeria Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNILEVER) | 5.4% |
| Market Bottom 25% (NG) | 2.1% |
| Market Top 25% (NG) | 7.1% |
| Industry Average (Household Products) | 2.6% |
| Analyst forecast in 3 Years (UNILEVER) | 12.4% |
Notable Dividend: UNILEVER's dividend (5.36%) is higher than the bottom 25% of dividend payers in the NG market (2.11%).
High Dividend: UNILEVER's dividend (5.36%) is low compared to the top 25% of dividend payers in the NG market (7.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), UNILEVER's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: UNILEVER is paying a dividend but the company has no free cash flows.