Sunu Assurances Nigeria Dividend
Dividend criteria checks 3/6
Sunu Assurances Nigeria is a dividend paying company with a current yield of 2.48% that is well covered by earnings.
Key information
2.5%
Dividend yield
9%
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 | ₦0.50 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SUNUASSUR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SUNUASSUR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Sunu Assurances Nigeria Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SUNUASSUR) | 2.5% |
Market Bottom 25% (NG) | 2.3% |
Market Top 25% (NG) | 7.2% |
Industry Average (Insurance) | 4.8% |
Analyst forecast in 3 Years (SUNUASSUR) | n/a |
Notable Dividend: SUNUASSUR's dividend (2.48%) is higher than the bottom 25% of dividend payers in the NG market (2.28%).
High Dividend: SUNUASSUR's dividend (2.48%) is low compared to the top 25% of dividend payers in the NG market (7.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.6%), SUNUASSUR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), SUNUASSUR's dividend payments are well covered by cash flows.