Mutual Benefits Assurance (NSA:MBAS) Dividends per Share: ₦0.02 (TTM As of Dec. 2025)


NSA:MBAS Mutual Benefits Assurance PLC NSA:MBAS
61 GF Score
Price ₦3.39
GF Value ₦2.25
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mutual Benefits Assurance Dividends per Share?

Mutual Benefits Assurance NSA:MBAS -0.29% 61 Dividends per Share is ₦0.02 as of Dec. 2025. GuruFocus rates NSA:MBAS with a GF Score™ of 61/100 and a GF Value™ of ₦2.25 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Mutual Benefits Assurance's dividends per share for the three months ended in Dec. 2025 was ₦0.00. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2025 was ₦0.02. Its Dividend Payout Ratio for the three months ended in Dec. 2025 was 0.00. As of today, Mutual Benefits Assurance's Dividend Yield % is 0.59%.

Good Sign:

Mutual Benefits Assurance PLC stock Dividend Yield % is close to 1-year high.

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.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Mutual Benefits Assurance  (NSA:MBAS) Dividends per Share Explanation

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

Mutual Benefits Assurance's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0/ -0.423
=N/A

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 0.0200002025-07-252025-07-242025-08-07Cash 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.


Mutual Benefits Assurance's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.02/3.39
=0.59 %

Current Share Price is ₦3.39.
Mutual Benefits Assurance's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦0.02.

During the past 11 years, the highest Dividend Yield of Mutual Benefits Assurance was 0.63%. The lowest was 0.37%. And the median was 0.49%.

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 Dividends per Share Related Terms


Mutual Benefits Assurance Dividends per Share Historical Data

* Premium members only.

The historical data trend for Mutual Benefits Assurance's Dividends per Share 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.

Mutual Benefits Assurance Dividends per Share Chart

Mutual Benefits Assurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.02

Mutual Benefits Assurance Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Sep24 Dec24 Jun25 Sep25 Dec25
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.02 0.00

NSA:MBAS vs BRK.A, AIG, HIG: Dividends per Share Comparison

For the Insurance - Diversified subindustry, Mutual Benefits Assurance's Dividend Yield %, along with its competitors' market caps and 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.


Mutual Benefits Assurance Dividend Yield % vs Insurance Industry

For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mutual Benefits Assurance's Dividend Yield % falls into.


NSA:MBAS
61GF Score
Mutual Benefits Assurance PLC NSA:MBAS
Dividends per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mutual Benefits Assurance Dividends per Share Calculation

Dividends paid to per common share.

Frequently Asked Questions Learn more about Dividends per Share →
What does a Dividends per Share of ₦0.02 mean?
Mutual Benefits Assurance (NSA:MBAS) has a Dividends per Share of ₦0.02 as of Dec. 2025. Dividends per share represents the per-share amount paid as dividends. View historical data on Mutual Benefits Assurance and its competitors.
Is Mutual Benefits Assurance's Dividends per Share too high?
Mutual Benefits Assurance's current Dividends per Share is ₦0.02. Overall, Mutual Benefits Assurance has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Dividends per Share compare to BRK.A and AIG?
Mutual Benefits Assurance's Dividends per Share of ₦0.02 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for an Insurance company?
A good Dividends per Share depends on the Insurance industry context. However, Dividends per Share 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 Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on Mutual Benefits Assurance and its competitors. Mutual Benefits Assurance's current Dividends per Share is ₦0.02. 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 ₦2.25, compared to a current price of ₦3.39 — trading 50.7% above its estimated fair value. The current Dividends per Share is ₦0.02. Mutual Benefits Assurance's overall GF Score™ is 61/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For Mutual Benefits Assurance (NSA:MBAS), the current Dividends per Share is ₦0.02 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 ₦3.39 is trading 50.7% above its estimated GF Value™ of ₦2.25. GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.

Key valuation signals for NSA:MBAS:

  • Dividends per Share: ₦0.02
  • GF Value™: ₦2.25 vs. price of ₦3.39 (50.7% above fair value)
  • GF Score™: 61/100 with 1 warning sign

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 Business Description

Address 233 Ikorodu Road, Aret Adams House, Ilupeju, Lagos, NGA
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.
61GF Score

Get the complete analysis for NSA:MBAS

Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦3.39
Price
₦2.25
GF Value