AIICO Insurance Dividend
Dividend criteria checks 4/6
AIICO Insurance is a dividend paying company with a current yield of 3.03% that is well covered by earnings.
Key information
3.0%
Dividend yield
13%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦0.23 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AIICO's dividend payments have been volatile in the past 10 years.
Growing Dividend: AIICO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
AIICO Insurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AIICO) | 3.0% |
Market Bottom 25% (NG) | 2.1% |
Market Top 25% (NG) | 7.0% |
Industry Average (Insurance) | 4.8% |
Analyst forecast in 3 Years (AIICO) | n/a |
Notable Dividend: AIICO's dividend (3.03%) is higher than the bottom 25% of dividend payers in the NG market (2.11%).
High Dividend: AIICO's dividend (3.03%) is low compared to the top 25% of dividend payers in the NG market (7.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), AIICO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.8%), AIICO's dividend payments are thoroughly covered by cash flows.