AIICO Insurance Dividend
Dividend criteria checks 3/6
AIICO Insurance is a dividend paying company with a current yield of 4.9% that is well covered by earnings.
Key information
4.9%
Dividend yield
9%
Payout ratio
Industry average yield | 6.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦0.050 |
Earnings per share | ₦0.53 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 8 years.
Dividend Yield vs Market
AIICO Insurance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AIICO) | 4.9% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Insurance) | 6.9% |
Analyst forecast in 3 Years (AIICO) | n/a |
Notable Dividend: AIICO's dividend (4.9%) is higher than the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: AIICO's dividend (4.9%) is low compared to the top 25% of dividend payers in the NG market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.4%), AIICO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), AIICO's dividend payments are thoroughly covered by cash flows.