Mutual Benefits Assurance Plc

NGSE:MBENEFIT Stock Report

Market Cap: ₦82.0b

Mutual Benefits Assurance Dividends and Buybacks

Dividend criteria checks 0/6

Mutual Benefits Assurance is a dividend paying company with a current yield of 0.49%.

Key information

0.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio2%

Recent dividend and buyback updates

Recent updates

Narrative Update Feb 24

Mutual Benefits Assurance Plc Q2 result

Mutual Benefits Assurance Plc has delivered a remarkable turnaround in financial performance, transitioning from a loss in Q2 2024 to a robust ₦7.8 billion pretax profit in Q2 2025. This performance is driven by strong growth in insurance revenues , significant efficiency in service delivery , and a ninefold surge in investment income.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MBENEFIT is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.

Growing Dividend: MBENEFIT is not paying a notable dividend for the NG market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Mutual Benefits Assurance Dividend Yield vs Market
How does MBENEFIT dividend yield compare to the market?
SegmentDividend Yield
Company (MBENEFIT)0.5%
Market Bottom 25% (NG)1.1%
Market Top 25% (NG)3.5%
Industry Average (Insurance)3.0%
Analyst forecast (MBENEFIT) (up to 3 years)n/a

Notable Dividend: MBENEFIT's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (1.09%).

High Dividend: MBENEFIT's dividend (0.49%) is low compared to the top 25% of dividend payers in the NG market (3.49%).


Earnings Payout to Shareholders

Earnings Coverage: MBENEFIT is not paying a notable dividend for the NG market.


Cash Payout to Shareholders

Cash Flow Coverage: MBENEFIT is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 11:46
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mutual Benefits Assurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.