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Flour Mills Nigeria (NSA:FMNL) 3-Year Dividend Growth Rate : 21.50% (As of Mar. 2023)


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What is Flour Mills Nigeria 3-Year Dividend Growth Rate?

Flour Mills Nigeria's Dividends per Share for the six months ended in Mar. 2023 was ₦2.15.

The historical rank and industry rank for Flour Mills Nigeria's 3-Year Dividend Growth Rate or its related term are showing as below:

NSA:FMNL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.6   Med: 11.15   Max: 21.5
Current: 21.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Flour Mills Nigeria was 21.50% per year. The lowest was -19.60% per year. And the median was 11.15% per year.

NSA:FMNL's 3-Year Dividend Growth Rate is ranked better than
74.02% of 666 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs NSA:FMNL: 21.50

During the past 12 months, Flour Mills Nigeria's average Dividends Per Share Growth Rate was 30.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Flour Mills Nigeria's Dividend Payout Ratio for the six months ended in Mar. 2023 was 0.55. As of today, Flour Mills Nigeria's Dividend Yield % is 5.77%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Flour Mills Nigeria's 3-Year Dividend Growth Rate

For the Packaged Foods subindustry, Flour Mills Nigeria's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flour Mills Nigeria's 3-Year Dividend Growth Rate Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flour Mills Nigeria's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Flour Mills Nigeria's 3-Year Dividend Growth Rate falls into.



Flour Mills Nigeria 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Flour Mills Nigeria  (NSA:FMNL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Flour Mills Nigeria's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2023 )/ EPS without NRI (Q: Mar. 2023 )
=2.15/ 3.882
=0.55

During the past 13 years, the highest Dividend Payout Ratio of Flour Mills Nigeria was 5.95. The lowest was 0.20. And the median was 0.50.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Flour Mills Nigeria Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NGN 2.2500002023-10-162023-10-132023-11-10Cash DividendannuallyNGN:NGN 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Flour Mills Nigeria's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.25/37.10
=6.06 %

Current Share Price is ₦37.10.
Flour Mills Nigeria's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦2.25.

During the past 13 years, the highest Dividend Yield of Flour Mills Nigeria was 12.96%. The lowest was 1.54%. And the median was 5.14%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flour Mills Nigeria 3-Year Dividend Growth Rate Related Terms>


Flour Mills Nigeria (NSA:FMNL) Business Description

Traded in Other Exchanges
N/A
Address
Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA
Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

Flour Mills Nigeria (NSA:FMNL) Headlines

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