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AIICO InsuranceNSA:AIIC -4.88%43 3-Year Dividend Growth Rate is 51.80% as of Mar. 2026, which is 413% above its 10-year median of 10.10. GuruFocus rates NSA:AIIC with a GF Score™ of 43/100 and a GF Value™ of ₦5.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 273 Insurance companies, AIICO Insurance ranks better than 93.41% on this metric.
The historical rank and industry rank for AIICO Insurance's 3-Year Dividend Growth Rate or its related term are showing as below:
NSA:AIIC'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.9 Med: 10.1 Max: 51.8
Current: 51.8
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of AIICO Insurance was 51.80% per year. The lowest was 4.90% per year. And the median was 10.10% per year.
NSA:AIIC's 3-Year Dividend Growth Rate is ranked better than 93.41% of 273
companies
in the Insurance industry
Industry Median: 9.4
vs NSA:AIIC: 51.80
During the past 12 months, AIICO Insurance's average Dividends Per Share Growth Rate was 40.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 51.80% 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.
During the past 11 years, the highest Dividend Payout Ratio of AIICO Insurance was 0.16. The lowest was 0.05. And the median was 0.12.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
AIICO Insurance Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NGN 0.120000
2026-05-29
2026-05-27
2026-06-05
Cash Dividend
annually
NGN: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.
AIICO Insurance's Dividend Yield (%) for Today is calculated as
Current Share Price is ₦3.70.
AIICO Insurance's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦0.12.
During the past 11 years, the highest Dividend Yield of AIICO Insurance was 9.90%. The lowest was 1.47%. And the median was 3.60%.
* 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.
AIICO Insurance 3-Year Dividend Growth Rate Related Terms>
NSA:AIIC vs BRK.A, AIG, HIG: 3-Year Dividend Growth Rate Comparison
For the Insurance - Diversified subindustry, AIICO Insurance'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.
AIICO Insurance 3-Year Dividend Growth Rate vs Insurance Industry
For the Insurance industry and Financial Services sector, AIICO Insurance's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where AIICO Insurance's 3-Year Dividend Growth Rate falls into.
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.
What does a 3-Year Dividend Growth Rate of 51.80% mean?
AIICO Insurance (NSA:AIIC) has a 3-Year Dividend Growth Rate of 51.80% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on AIICO Insurance and its competitors. This is 413% above median its historical median of 10.10. Over the past decade, AIICO Insurance's 3-Year Dividend Growth Rate has ranged from 4.90 to 51.80. According to the industry distribution chart, AIICO Insurance ranks #18 out of 273 companies in the Insurance industry, placing it in the top 6.6%.
Is AIICO Insurance's 3-Year Dividend Growth Rate too high?
AIICO Insurance's current 3-Year Dividend Growth Rate of 51.80% is 413% above median its 10-year median of 10.10. Over the past 10 years, this metric has ranged from a low of 4.90 to a high of 51.80. The Insurance industry median 3-Year Dividend Growth Rate is 9.40. AIICO Insurance's value of 51.80% is 451.1% above this industry median. Based on the distribution chart, AIICO Insurance ranks #18 out of 273 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, AIICO Insurance has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's 3-Year Dividend Growth Rate compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AIICO Insurance ranks #18 out of 273 companies for 3-Year Dividend Growth Rate. This places AIICO Insurance in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 9.40. AIICO Insurance's value of 51.80% is 451.1% above this benchmark. Historically, AIICO Insurance's own 3-Year Dividend Growth Rate has ranged from 4.90 to 51.80 over the past decade. While the company's 10-year median is 10.10 vs. the industry median of 9.40, AIICO Insurance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Insurance company?
The median 3-Year Dividend Growth Rate among Insurance companies is 9.40, based on 273 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AIICO Insurance's current 3-Year Dividend Growth Rate of 51.80% is 451.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on AIICO Insurance and its competitors. For the Insurance industry, the median 3-Year Dividend Growth Rate is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIICO Insurance's current 3-Year Dividend Growth Rate is 51.80%, which is 413% above median its own 10-year median of 10.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIICO Insurance stock overvalued right now?
Based on GuruFocus' analysis, AIICO Insurance (NSA:AIIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦5.11, compared to a current price of ₦3.70 — trading 27.6% below its estimated fair value. The current 3-Year Dividend Growth Rate is 51.80%, which is 413% above median its 10-year median of 10.10 and 451.1% above the Insurance industry median of 9.40. AIICO Insurance's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For AIICO Insurance (NSA:AIIC), the current 3-Year Dividend Growth Rate is 51.80% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AIICO Insurance (NSA:AIIC) Overvalued in 2026?
Based on GuruFocus' analysis, AIICO Insurance stock appears to be undervalued.
The current stock price of ₦3.70 is trading 27.6% below its estimated GF Value™ of ₦5.11.
GuruFocus considers AIICO Insurance to be Modestly Undervalued.
Key valuation signals for NSA:AIIC:
3-Year Dividend Growth Rate: 51.80% (413% above median its 10-year median of 10.10)
GF Value™: ₦5.11 vs. price of ₦3.70 (27.6% below fair value)
Industry Position: 451.1% above the Insurance median (#18 of 273)
No single metric tells the full story. See the NSA:AIIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIICO Insurance PLC provides life and health insurance, general insurance, investment management, and pension management services as a means to create and protect wealth for individuals, families, and corporate customers in Nigeria. The company's key business areas include Life Insurance Business, Non-Life Insurance Business, Health, and Wealth Management, Deposit Administration, and Financial Services to organizations and private individuals. The group has four reportable segments: Life business, which generates maximum revenue, General business, Health management services, and Asset management. The life insurance segment offers savings, protection products and other long-term contracts. It comprises of whole life, term assurance, guaranteed pensions, pure endowment pensions and Others.
43GF Score
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3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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