May & Baker Nigeria Dividend
What is May & Baker Nigeria current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|May & Baker Nigeria Dividend Yield vs Market|
|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
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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.