Flour Mills Nigeria (NSA:FMNL) Dividend Payout Ratio : 0.55 (As of Mar. 2023)

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What is Flour Mills Nigeria Dividend Payout Ratio?

Flour Mills Nigeria's dividend payout ratio for the months ended in Mar. 2023 was 0.55.

The historical rank and industry rank for Flour Mills Nigeria's Dividend Payout Ratio or its related term are showing as below:

NSA:FMNL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.5 Max: 5.95
Current: 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.

NSA:FMNL's Dividend Payout Ratio is ranked worse than
66.92% of 919 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs NSA:FMNL: 0.55

As of today (2024-05-12), the Dividend Yield % of Flour Mills Nigeria is 6.06%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Flour Mills Nigeria Dividend Payout Ratio Historical Data

The historical data trend for Flour Mills Nigeria's Dividend Payout Ratio can be seen below:

* 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.

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Flour Mills Nigeria Dividend Payout Ratio Chart

Flour Mills Nigeria Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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1.12

0.57

0.20

0.27

0.55

Flour Mills Nigeria Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Dividend Payout Ratio	Get a 7-Day Free Trial								1.12	0.57	0.20	0.27	0.55

Competitive Comparison of Flour Mills Nigeria's Dividend Payout Ratio

For the Packaged Foods subindustry, Flour Mills Nigeria's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flour Mills Nigeria's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Flour Mills Nigeria's Dividend Payout Ratio falls into.

Flour Mills Nigeria Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

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

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

Flour Mills Nigeria (NSA:FMNL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Flour Mills Nigeria Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Flour Mills Nigeria's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Flour Mills Nigeria (NSA:FMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flour Mills Nigeria PLC (NSA:FMNL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA

Website

https://www.fmnplc.com

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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