Zenith Bank (NSA:ZENITH) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Zenith Bank Dividend Payout Ratio?

Zenith Bank's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

NSA:ZENITH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.43 Max: 0.59
Current: 0.17

During the past 13 years, the highest Dividend Payout Ratio of Zenith Bank was 0.59. The lowest was 0.16. And the median was 0.43.

NSA:ZENITH's Dividend Payout Ratio is ranked better than
83.89% of 1086 companies
in the Banks industry
Industry Median: 0.35 vs NSA:ZENITH: 0.17

As of today (2024-05-04), the Dividend Yield % of Zenith Bank is 11.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zenith Bank was 23.63%. The lowest was 0.88%. And the median was 11.69%.

Zenith Bank's Dividends per Share for the months ended in Dec. 2023 was ₦0.00.

During the past 12 months, Zenith Bank's average Dividends Per Share Growth Rate was 9.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zenith Bank was 52.60% per year. The lowest was 2.90% per year. And the median was 11.20% per year.

The growth rate is calculated with least square regression.

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

Zenith Bank Dividend Payout Ratio Historical Data

The historical data trend for Zenith Bank'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.

* Premium members only.

Zenith Bank Dividend Payout Ratio Chart

Zenith Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.42

0.38

0.39

0.43

0.16

Zenith Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.40	0.15	-

Competitive Comparison of Zenith Bank's Dividend Payout Ratio

For the Banks - Regional subindustry, Zenith Bank'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.

Zenith Bank's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Zenith Bank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zenith Bank's Dividend Payout Ratio falls into.

Zenith Bank Dividend Payout Ratio Calculation

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

Zenith Bank's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.4	/	21.815
	=	0.16

Zenith Bank's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	7.888
	=	0.00

Zenith Bank (NSA:ZENITH) 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.

Zenith Bank Dividend Payout Ratio Related Terms

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

Zenith Bank (NSA:ZENITH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zenith Bank PLC (NSA:ZENITH) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Plot 84/87, Ajose Adeogun Street, Zenith Heights, Victoria Island, Lagos, NGA

Website

https://www.zenithbank.com

Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.

Zenith Bank (NSA:ZENITH) Headlines

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