Zambia National Commercial Bank Dividend
Dividend criteria checks 2/6
Zambia National Commercial Bank is a dividend paying company with a current yield of 4.63% that is well covered by earnings.
Key information
4.6%
Dividend yield
36%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | K1.30 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ZANACO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZANACO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zambia National Commercial Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ZANACO) | 4.6% |
Market Bottom 25% (ZM) | 4.6% |
Market Top 25% (ZM) | 11.2% |
Industry Average (Banks) | 5.4% |
Analyst forecast in 3 Years (ZANACO) | n/a |
Notable Dividend: ZANACO's dividend (4.63%) isn’t notable compared to the bottom 25% of dividend payers in the ZM market (4.63%).
High Dividend: ZANACO's dividend (4.63%) is low compared to the top 25% of dividend payers in the ZM market (11.17%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.1%), ZANACO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.