Neimeth International Pharmaceuticals Plc

NGSE:NEIMETH Stock Report

Mkt Cap: ₦3.0b

Neimeth International Pharmaceuticals Dividend

What is Neimeth International Pharmaceuticals's current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.49%

Current Dividend Yield

Stability and Growth of Payments

How stable has Neimeth International Pharmaceuticals's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
2/6/20230.074.49
12/29/20210.074.51
12/30/20200.0653.55
11/13/20200.0652.67

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

Growing Dividend: NEIMETH's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Neimeth International Pharmaceuticals Dividend Yield vs Market
How does NEIMETH dividend yield compare to the market?
SegmentDividend Yield
Company (NEIMETH)4.5%
Market Bottom 25% (NG)3.7%
Market Top 25% (NG)8.0%
Industry Average (Pharmaceuticals)2.5%
Analyst forecast in 3 Years (NEIMETH)n/a

Notable Dividend: NEIMETH's dividend (4.49%) is higher than the bottom 25% of dividend payers in the NG market (3.67%).

High Dividend: NEIMETH's dividend (4.49%) is low compared to the top 25% of dividend payers in the NG market (8.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (255.2%), NEIMETH's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

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


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