Lafarge Africa Dividend
Dividend criteria checks 3/6
Lafarge Africa is a dividend paying company with a current yield of 5.14% that is well covered by earnings.
Key information
5.1%
Dividend yield
74%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₦1.900 |
Earnings per share | ₦2.57 |
Dividend yield forecast in 3Y | 9.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WAPCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: WAPCO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Lafarge Africa Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (WAPCO) | 5.1% |
Market Bottom 25% (NG) | 1.9% |
Market Top 25% (NG) | 7.0% |
Industry Average (Basic Materials) | 3.7% |
Analyst forecast in 3 Years (WAPCO) | 9.6% |
Notable Dividend: WAPCO's dividend (5.14%) is higher than the bottom 25% of dividend payers in the NG market (1.85%).
High Dividend: WAPCO's dividend (5.14%) is low compared to the top 25% of dividend payers in the NG market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.9%), WAPCO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.1%), WAPCO's dividend payments are covered by cash flows.