ABC Transport Dividend
Dividend criteria checks 2/6
ABC Transport is a dividend paying company with a current yield of 2.31%.
Key information
2.3%
Dividend yield
-33%
Payout ratio
Industry average yield | 6.6% |
Next dividend pay date | n/a |
Ex dividend date | 27 May 24 |
Dividend per share | n/a |
Earnings per share | -₦0.073 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABCTRANS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ABCTRANS has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
ABC Transport Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ABCTRANS) | 2.3% |
Market Bottom 25% (NG) | 2.2% |
Market Top 25% (NG) | 6.9% |
Industry Average (Transportation) | 6.6% |
Analyst forecast in 3 Years (ABCTRANS) | n/a |
Notable Dividend: ABCTRANS's dividend (2.31%) is higher than the bottom 25% of dividend payers in the NG market (2.18%).
High Dividend: ABCTRANS's dividend (2.31%) is low compared to the top 25% of dividend payers in the NG market (6.96%).
Earnings Payout to Shareholders
Earnings Coverage: ABCTRANS is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), ABCTRANS's dividend payments are well covered by cash flows.