AIICO Insurance Dividends and Buybacks

Dividend criteria checks 3/6

AIICO Insurance is a dividend paying company with a current yield of 4% that is well covered by earnings.

Key information

4.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth2.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₦0.050
Payout ratio10%

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
How does AIICO dividend yield compare to the market?
SegmentDividend Yield
Company (AIICO)4.0%
Market Bottom 25% (NG)1.6%
Market Top 25% (NG)6.4%
Industry Average (Insurance)5.4%
Analyst forecast (AIICO) (up to 3 years)n/a

Notable Dividend: AIICO's dividend (4%) is higher than the bottom 25% of dividend payers in the NG market (1.63%).

High Dividend: AIICO's dividend (4%) is low compared to the top 25% of dividend payers in the NG market (6.43%).


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.


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