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Access Hldgs (NSA:ACCESSCORP) Forward Dividend Yield % : 12.07% (As of May. 05, 2024)


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What is Access Hldgs Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of Access Hldgs is 12.07%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of Access Hldgs is 12.07%.

NSA:ACCESSCORP's Forward Dividend Yield % is ranked better than
96.68% of 1175 companies
in the Banks industry
Industry Median: 4.09 vs NSA:ACCESSCORP: 12.07

Access Hldgs's Dividends per Share for the three months ended in Dec. 2023 was ₦0.00.

During the past 12 months, Access Hldgs's average Dividends Per Share Growth Rate was 77.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Access Hldgs was 62.00% per year. The lowest was -13.50% per year. And the median was 4.50% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Access Hldgs's Forward Dividend Yield %

For the Banks - Regional subindustry, Access Hldgs's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


Access Hldgs's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Access Hldgs's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Access Hldgs's Forward Dividend Yield % falls into.



Access Hldgs Forward Dividend Yield % Calculation

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

Access Hldgs Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NGN 1.8000002024-04-122024-04-102024-04-19Cash Dividendsemi-annuallyNGN:NGN 1.000000
NGN 0.3000002023-10-062023-10-052023-10-19Cash Dividendsemi-annuallyNGN:NGN 1.000000
NGN 1.3000002023-05-102023-05-092023-05-24Cash Dividendsemi-annuallyNGN: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.

Access Hldgs's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.6/17.40
=20.69 %

Current Share Price is ₦17.40.
Access Hldgs's Dividends per Share for the forward twelve months is calculated as ₦1.8 * 2 = ₦3.6.

Access Hldgs's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.4/17.40
=19.54 %

Current Share Price is ₦17.40.
Access Hldgs's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦3.4.

* 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.


Access Hldgs  (NSA:ACCESSCORP) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Access Hldgs Forward Dividend Yield % Related Terms

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Access Hldgs (NSA:ACCESSCORP) Business Description

Traded in Other Exchanges
N/A
Address
Prince Alaba Abiodun, Oniru Street, 14th Floor, Plot 14/15, Access Towers, Oniru Estate, Victoria Island, Lagos, NGA
Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.

Access Hldgs (NSA:ACCESSCORP) Headlines

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