MTN Ghana (XGHA:MTNGH) Dividend Payout Ratio : 2.08 (As of Mar. 2024)

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What is MTN Ghana Dividend Payout Ratio?

MTN Ghana's dividend payout ratio for the months ended in Mar. 2024 was 2.08.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MTN Ghana is 1.08, which seems too high.

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

XGHA:MTNGH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.43 Max: 1.08
Current: 1.08

During the past 7 years, the highest Dividend Payout Ratio of MTN Ghana was 1.08. The lowest was 0.30. And the median was 0.43.

XGHA:MTNGH's Dividend Payout Ratio is ranked worse than
81.72% of 186 companies
in the Telecommunication Services industry
Industry Median: 0.525 vs XGHA:MTNGH: 1.08

As of today (2024-06-20), the Dividend Yield % of MTN Ghana is 12.50%.

During the past 7 years, the highest Trailing Annual Dividend Yield of MTN Ghana was 22.37%. The lowest was 2.53%. And the median was 7.55%.

MTN Ghana's Dividends per Share for the months ended in Mar. 2024 was GHS0.18.

During the past 12 months, MTN Ghana's average Dividends Per Share Growth Rate was 310.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 63.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 45.40% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of MTN Ghana was 63.20% per year. The lowest was 19.30% per year. And the median was 58.70% per year.

The growth rate is calculated with least square regression.

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

MTN Ghana Dividend Payout Ratio Historical Data

The historical data trend for MTN Ghana'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.

MTN Ghana Dividend Payout Ratio Chart

MTN Ghana Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.61

0.35

0.49

0.36

0.58

MTN Ghana Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	1.82	0.62	-	2.08

Competitive Comparison of MTN Ghana's Dividend Payout Ratio

For the Telecom Services subindustry, MTN Ghana'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.

MTN Ghana's Dividend Payout Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Ghana's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MTN Ghana's Dividend Payout Ratio falls into.

MTN Ghana Dividend Payout Ratio Calculation

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

MTN Ghana'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 )
	=	0.174	/	0.302
	=	0.58

MTN Ghana's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.175	/	0.084
	=	2.08

MTN Ghana (XGHA:MTNGH) 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.

MTN Ghana Dividend Payout Ratio Related Terms

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

MTN Ghana (XGHA:MTNGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Ghana (XGHA:MTNGH) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

MTN House, Independence Avenue, West Ridge, Accra, GHA

Website

https://www.mtn.com.gh

MTN Ghana is a Ghana-based company that Provides mobile financial services in the financial services industry. Develop strategic partnerships to provide advanced services in the mobile financial service industry; and Provide consultancy and support services in the area of mobile banking, payment services, and fintech.

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