GlaxoSmithKline Consumer Nigeria Dividend
Dividend criteria checks 3/6
GlaxoSmithKline Consumer Nigeria is a dividend paying company with a current yield of 3.24% that is well covered by earnings.
Key information
3.2%
Dividend yield
89%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦0.62 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLAXOSMITH's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLAXOSMITH's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
GlaxoSmithKline Consumer Nigeria Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GLAXOSMITH) | 3.2% |
Market Bottom 25% (NG) | 2.3% |
Market Top 25% (NG) | 7.2% |
Industry Average (Pharmaceuticals) | 2.1% |
Analyst forecast in 3 Years (GLAXOSMITH) | n/a |
Notable Dividend: GLAXOSMITH's dividend (3.24%) is higher than the bottom 25% of dividend payers in the NG market (1.84%).
High Dividend: GLAXOSMITH's dividend (3.24%) is low compared to the top 25% of dividend payers in the NG market (5.7%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.4%), GLAXOSMITH's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.2%), GLAXOSMITH's dividend payments are thoroughly covered by cash flows.