Airtel Networks Zambia Dividend
Dividend criteria checks 2/6
Airtel Networks Zambia is a dividend paying company with a current yield of 10.55%. Next payment date is on 30th April, 2024 with an ex-dividend date of 24th April, 2024.
Key information
10.6%
Dividend yield
96%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | 30 Apr 24 |
| Ex dividend date | 24 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | K10.95 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ATEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATEL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Airtel Networks Zambia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ATEL) | 10.6% |
| Market Bottom 25% (ZM) | 5.5% |
| Market Top 25% (ZM) | 11.6% |
| Industry Average (Wireless Telecom) | 6.7% |
| Analyst forecast in 3 Years (ATEL) | n/a |
Notable Dividend: ATEL's dividend (10.55%) is higher than the bottom 25% of dividend payers in the ZM market (5.46%).
High Dividend: ATEL's dividend (10.55%) is low compared to the top 25% of dividend payers in the ZM market (11.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.3%), ATEL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.7%), ATEL's dividend payments are well covered by cash flows.