Africa Prudential Dividend
What is Africa Prudential current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/27/2023 | 0.5 | 8.33 |
| 3/3/2022 | 0.5 | 8.79 |
| 3/2/2021 | 0.5 | 8.1 |
| 2/25/2020 | 0.7 | 14.88 |
| 1/31/2020 | 0.7 | 14.96 |
| 2/26/2019 | 0.5 | 12.79 |
| 2/26/2018 | 0.4 | 9.91 |
| 2/23/2017 | 0.3 | 9.23 |
| 3/11/2016 | 0.6 | 21.26 |
| 10/21/2015 | 0.34 | 13.49 |
| 7/29/2015 | 0.34 | 12.73 |
| 6/24/2015 | 0.35 | 12.73 |
| 3/10/2015 | 0.35 | 12.28 |
| 8/29/2014 | 0.35 | 11.87 |
| 3/7/2014 | 0.35 | 11.03 |
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.