Africa Prudential Dividend

What is Africa Prudential current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


8.33%

Current Dividend Yield

Dividend Yield vs Market

Africa Prudential Dividend Yield vs Market
How does AFRIPRUD dividend yield compare to the market?
SegmentDividend Yield
Company (AFRIPRUD)8.3%
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

How stable has Africa Prudential's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/27/20230.58.33
3/3/20220.58.79
3/2/20210.58.1
2/25/20200.714.88
1/31/20200.714.96
2/26/20190.512.79
2/26/20180.49.91
2/23/20170.39.23
3/11/20160.621.26
10/21/20150.3413.49
7/29/20150.3412.73
6/24/20150.3512.73
3/10/20150.3512.28
8/29/20140.3511.87
3/7/20140.3511.03

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.


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