Earnings ReportFeatured

Pz Cussons Announces 15k Cash Div Despite Low Performance Indices

Ratings: Buy (Long)

TDL-Value: N23.22

Key Financial Ratios

  • Dividend Information
    • Final Cash Dividend: 15k
    • Qualification Date: 21st September, 2018
    • Closure of Registrar: 24th – 28th September, 2018
    • Payment Date: 19th October, 2018
    • Dividend Yield 1.00%
    • Payout Ratio: 30.90%
    • SSGR: 2.95%
  • The result was a down performance against comparable year’s financial performances
  • Turnover (TO) figure improved marginally by 2.99% having moved from N78.215 billion in 2017 to N80.552 billion in the current year.
  • Operating Profit therefore dropped by 37.74% against comparable year
  • Similarly, both Profit before and after Tax dipped against what was reported in the previous year.
  • Due to the low profit growth profile, Retained earnings reduced by marginal 0.33% compare to the amount reported in 2017 financial year
  • Thus, the management of Pz Cussons only managed to reward its investors by 15k as against the 50k paid last year.
  • See Below for other valuation ratios;

 

 

Comment here

Earnings ReportFeatured

Pz Cussons Announces 15k Cash Div Despite Low Performance Indices

Ratings: Buy (Long)

TDL-Value: N23.22

Key Financial Ratios

  • Dividend Information
    • Final Cash Dividend: 15k
    • Qualification Date: 21st September, 2018
    • Closure of Registrar: 24th – 28th September, 2018
    • Payment Date: 19th October, 2018
    • Dividend Yield 1.00%
    • Payout Ratio: 30.90%
    • SSGR: 2.95%
  • The result was a down performance against comparable year’s financial performances
  • Turnover (TO) figure improved marginally by 2.99% having moved from N78.215 billion in 2017 to N80.552 billion in the current year.
  • Operating Profit therefore dropped by 37.74% against comparable year
  • Similarly, both Profit before and after Tax dipped against what was reported in the previous year.
  • Due to the low profit growth profile, Retained earnings reduced by marginal 0.33% compare to the amount reported in 2017 financial year
  • Thus, the management of Pz Cussons only managed to reward its investors by 15k as against the 50k paid last year.
  • See Below for other valuation ratios;

 

 

Comment here