University Press Dividend
Dividend criteria checks 2/6
University Press Plc is a dividend paying company with a current yield of 5.3% that is well covered by earnings.
Key information
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.10 |
| Earnings per share | ₦0.40 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Dividend Yield vs Market
| University Press Dividend Yield vs Market |
|---|
How does UPL dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (UPL) | 5.3% |
| Market Bottom 25% (NG) | 3.7% |
| Market Top 25% (NG) | 8.3% |
| Industry Average (Media) | 5.0% |
| Analyst forecast in 3 Years (UPL) | n/a |
Notable Dividend: UPL's dividend (5.26%) is higher than the bottom 25% of dividend payers in the NG market (3.74%).
High Dividend: UPL's dividend (5.26%) is low compared to the top 25% of dividend payers in the NG market (8.27%).
Stability and Growth of Payments
How stable has University Press's dividend per share been in the past?| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|
| 1/31/2023 | 0.1 | 5.26 |
| 6/30/2022 | 0.1 | 5.4 |
| 7/1/2021 | 0.05 | 2.51 |
| 8/28/2020 | 0.15 | 11.57 |
| 7/2/2020 | 0.15 | 13.68 |
| 9/26/2019 | 0.15 | 12.99 |
| 6/29/2018 | 0.15 | 7.93 |
| 6/30/2017 | 0.1 | 4.11 |
| 6/30/2016 | 0.05 | 1.19 |
| 7/13/2015 | 0.2 | 3.63 |
| 6/27/2014 | 0.35 | 7.79 |
| 9/26/2013 | 0.35 | 8.73 |
| 10/27/2012 | 0.35 | 7.58 |
Stable Dividend: UPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: UPL's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (25%), UPL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: UPL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies