May & Baker Nigeria plc

NGSE:MAYBAKER Stock Report

Mkt Cap: ₦7.7b

May & Baker Nigeria Dividend

What is May & Baker Nigeria current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.74%

Current Dividend Yield

Dividend Yield vs Market

May & Baker Nigeria Dividend Yield vs Market
How does MAYBAKER dividend yield compare to the market?
SegmentDividend Yield
Company (MAYBAKER)6.7%
Market Bottom 25% (NG)4.0%
Market Top 25% (NG)8.3%
Industry Average (Pharmaceuticals)2.6%
Analyst forecast in 3 Years (MAYBAKER)n/a

Notable Dividend: MAYBAKER's dividend (6.74%) is higher than the bottom 25% of dividend payers in the NG market (3.98%).

High Dividend: MAYBAKER's dividend (6.74%) is low compared to the top 25% of dividend payers in the NG market (8.27%).


Stability and Growth of Payments

How stable has May & Baker Nigeria's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/20/20230.36.74
5/10/20220.37.56
4/1/20210.36.79
5/12/20200.257.54
2/14/20200.2511.42
4/1/20190.29.28
4/4/20180.28.22

Stable Dividend: Whilst dividend payments have been stable, MAYBAKER has been paying a dividend for less than 10 years.

Growing Dividend: MAYBAKER's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.4%), MAYBAKER's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: MAYBAKER is paying a dividend but the company has no free cash flows.


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