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The historical rank and industry rank for Mutual Benefits Assurance's 3-Year Dividend Growth Rate or its related term are showing as below:
NSA:MBAS's 3-Year Dividend Growth Rate is not ranked *
in the Insurance industry.
Industry Median: 9.4 * Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
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 Mutual Benefits Assurance was 0.13. The lowest was 0.03. And the median was 0.08.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Mutual Benefits Assurance Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NGN 0.040000
2026-07-21
2026-07-21
2026-08-06
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.
Mutual Benefits Assurance's Dividend Yield (%) for Today is calculated as
Current Share Price is ₦3.29.
Mutual Benefits Assurance's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦0.04.
During the past 11 years, the highest Dividend Yield of Mutual Benefits Assurance was 1.22%. The lowest was 0.37%. And the median was 0.50%.
Good Sign:
Mutual Benefits Assurance PLC stock Dividend Yield % is close to 1-year high.
* 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.
Mutual Benefits Assurance 3-Year Dividend Growth Rate Related Terms>
NSA:MBAS vs BRK.A, AIG, HIG: 3-Year Dividend Growth Rate Comparison
For the Insurance - Diversified subindustry, Mutual Benefits Assurance'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.
Mutual Benefits Assurance 3-Year Dividend Growth Rate vs Insurance Industry
For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Mutual Benefits Assurance'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 0.00% mean?
Mutual Benefits Assurance (NSA:MBAS) has a 3-Year Dividend Growth Rate of 0.00% as of Dec. 2025. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Mutual Benefits Assurance and its competitors. According to the industry distribution chart, Mutual Benefits Assurance ranks #999999 out of 275 companies in the Insurance industry.
Is Mutual Benefits Assurance's 3-Year Dividend Growth Rate too high?
Mutual Benefits Assurance's current 3-Year Dividend Growth Rate is 0.00%. Based on the distribution chart, Mutual Benefits Assurance ranks #999999 out of 275 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Mutual Benefits Assurance has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's 3-Year Dividend Growth Rate compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Mutual Benefits Assurance ranks #999999 out of 275 companies for 3-Year Dividend Growth Rate. This places Mutual Benefits Assurance in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 9.40. 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 275 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. 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 Mutual Benefits Assurance 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. Mutual Benefits Assurance's current 3-Year Dividend Growth Rate is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Benefits Assurance stock overvalued right now?
Based on GuruFocus' analysis, Mutual Benefits Assurance (NSA:MBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦1.44, compared to a current price of ₦3.29 — trading 128.5% above its estimated fair value. The current 3-Year Dividend Growth Rate is 0.00%. Mutual Benefits Assurance's overall GF Score™ is 53/100 with 1 warning sign 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 Mutual Benefits Assurance (NSA:MBAS), the current 3-Year Dividend Growth Rate is 0.00% as of Dec. 2025. 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 Mutual Benefits Assurance (NSA:MBAS) Overvalued in 2026?
Based on GuruFocus' analysis, Mutual Benefits Assurance stock appears to be overvalued.
The current stock price of ₦3.29 is trading 128.5% above its estimated GF Value™ of ₦1.44.
GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.
Key valuation signals for NSA:MBAS:
3-Year Dividend Growth Rate: 0.00%
GF Value™: ₦1.44 vs. price of ₦3.29 (128.5% above fair value)
No single metric tells the full story. See the NSA:MBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mutual Benefits Assurance PLC is a financial and wealth protection company in Nigeria. The principal objective of the Company is to render qualitative life related insurance & risks management services. It is a premium provider of life insurance, annuity and investment products and services. It has four reportable operating segments; assurance business, real estate, microfinance bank, and oil and gas exploration and production. The majority of revenue comes from Assurance business which covers the protection of customers' assets (Particularly their properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. It has presence in Nigeria, and Liberia.
53GF Score
Get the complete analysis for NSA:MBAS
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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