Ratings: Buy (Long)
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;