Industrial and Medical Gases Nigeria Dividend
Dividend criteria checks 4/6
Industrial and Medical Gases Nigeria is a dividend paying company with a current yield of 3.85% that is well covered by earnings.
Key information
3.8%
Dividend yield
15%
Payout ratio
Industry average yield | 6.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦0.500 |
Earnings per share | ₦3.49 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IMG's dividend payments have been volatile in the past 10 years.
Growing Dividend: IMG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Industrial and Medical Gases Nigeria Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IMG) | 3.8% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Chemicals) | 6.9% |
Analyst forecast in 3 Years (IMG) | n/a |
Notable Dividend: IMG's dividend (3.85%) is higher than the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: IMG's dividend (3.85%) 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 (14.9%), IMG's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), IMG's dividend payments are thoroughly covered by cash flows.