AIICO Insurance Dividends and Buybacks
Dividend criteria checks 3/6
AIICO Insurance is a dividend paying company with a current yield of 4.17% that is well covered by earnings.
Key information
4.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.050 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AIICO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AIICO's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| AIICO Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AIICO) | 4.2% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.6% |
| Industry Average (Insurance) | 5.7% |
| Analyst forecast (AIICO) (up to 3 years) | n/a |
Notable Dividend: AIICO's dividend (4.17%) is higher than the bottom 25% of dividend payers in the NG market (1.59%).
High Dividend: AIICO's dividend (4.17%) is low compared to the top 25% of dividend payers in the NG market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), AIICO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.1%), AIICO's dividend payments are thoroughly covered by cash flows.