Absa Group Dividend
Dividend criteria checks 4/6
Absa Group is a dividend paying company with a current yield of 8.26% that is well covered by earnings.
Key information
8.3%
Dividend yield
57%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R23.99 |
Dividend yield forecast in 3Y | 11.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABG's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Absa Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ABG) | 8.3% |
Market Bottom 25% (ZA) | 3.7% |
Market Top 25% (ZA) | 9.2% |
Industry Average (Banks) | 5.5% |
Analyst forecast in 3 Years (ABG) | 11.0% |
Notable Dividend: ABG's dividend (8.26%) is higher than the bottom 25% of dividend payers in the ZA market (3.71%).
High Dividend: ABG's dividend (8.26%) is low compared to the top 25% of dividend payers in the ZA market (9.15%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), ABG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ABG's dividends in 3 years are forecast to be covered by earnings (55.1% payout ratio).