Unilever Nigeria Dividend
Dividend criteria checks 2/6
Unilever Nigeria is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.1%
Dividend yield
22%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.750 |
| Earnings per share | ₦3.47 |
| Future Dividend Yield | 7.2% |
Recent dividend updates
Recent updates
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) | 3.1% |
| Market Bottom 25% (NG) | 1.7% |
| Market Top 25% (NG) | 6.6% |
| Industry Average (Household Products) | 2.7% |
| Analyst forecast (UNILEVER) (up to 3 years) | 7.2% |
Notable Dividend: UNILEVER's dividend (3.13%) is higher than the bottom 25% of dividend payers in the NG market (1.66%).
High Dividend: UNILEVER's dividend (3.13%) is low compared to the top 25% of dividend payers in the NG market (6.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), 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.