Africa Prudential Dividend
What is Africa Prudential current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Africa Prudential Dividend Yield vs Market|
|Market Bottom 25% (NG)||3.8%|
|Market Top 25% (NG)||8.4%|
|Industry Average (IT)||5.2%|
|Analyst forecast in 3 Years (AFRIPRUD)||n/a|
Notable Dividend: AFRIPRUD's dividend (8.33%) is higher than the bottom 25% of dividend payers in the NG market (3.86%).
High Dividend: AFRIPRUD's dividend (8.33%) is low compared to the top 25% of dividend payers in the NG market (8.42%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: AFRIPRUD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AFRIPRUD's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.4%), AFRIPRUD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24%), AFRIPRUD's dividend payments are well covered by cash flows.