Nigerian Aviation Handling Dividends and Buybacks
Dividend criteria checks 5/6
Nigerian Aviation Handling is a dividend paying company with a current yield of 6.6% that is well covered by earnings.
Key information
6.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦2.540 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAHCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: NAHCO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nigerian Aviation Handling Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAHCO) | 6.6% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.4% |
| Industry Average (Infrastructure) | 2.9% |
| Analyst forecast (NAHCO) (up to 3 years) | n/a |
Notable Dividend: NAHCO's dividend (6.6%) is higher than the bottom 25% of dividend payers in the NG market (1.65%).
High Dividend: NAHCO's dividend (6.6%) is in the top 25% of dividend payers in the NG market (6.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), NAHCO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.4%), NAHCO's dividend payments are covered by cash flows.