Momentum Group Dividends and Buybacks
Dividend criteria checks 4/6
Momentum Group is a dividend paying company with a current yield of 5.43% that is well covered by earnings.
Key information
5.4%
Dividend yield
5.8%
Buyback Yield
| Total Shareholder Yield | 11.2% |
| Future Dividend Yield | 7.2% |
| Dividend Growth | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Narrative Update • Jun 13
MTM: Index Inclusion And Dividend Payout Will Support Future Repricing
Analysts have kept their fair value estimate for Momentum Group steady at ZAR44.09 per share, with only marginal technical adjustments to inputs such as the discount rate, revenue growth, profit margin, and future P/E. This supports the view that no material change in the price target is warranted at this stage.Narrative Update • May 30
MTM: Index Inclusion And Dividend Payout Will Support Future P E Rerating
Analysts have kept their fair value estimate for Momentum Group steady at ZAR44.09, with only slight adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E. This reflects fine tuning of their models rather than a shift in overall view.Narrative Update • May 02
MTM: Index Inclusion And Dividend Policy Will Support Future P E Rerating
Analysts have nudged their price target for Momentum Group slightly higher to ZAR44.09 from ZAR43.89, citing small refinements to assumptions for fair value, profit margin and forward P/E. What's in the News Momentum Group Limited (JSE: MTM) has been added to the FTSE All-World Index (USD), which can affect how index-tracking funds and benchmarks reference the share (Key Developments).Narrative Update • Apr 13
MTM: Higher Margins And Dividend Support Will Drive Future P E Rerating
Analysts have lifted their ZAR price target for Momentum Group from ZAR42.46 to ZAR43.89, citing updated assumptions around fair value, profit margin and future P/E that slightly adjust the risk reward profile investors are watching. What's in the News Momentum Group Limited has been added to the FTSE All-World Index (USD), which can affect how index trackers and global funds view the share (Key Developments).Narrative Update • Mar 27
MTM: Index Inclusion And Higher Margins Will Support Future P E Rerating Potential
Analysts have trimmed their price target for Momentum Group to ZAR42.46 from ZAR43.44, reflecting updated assumptions that pair slightly lower revenue growth with a somewhat higher profit margin and a reduced forward P/E multiple. What's in the News Momentum Group has been added to the FTSE All-World Index (USD), which may affect how index-tracking funds and global investors view and access the share (Key Developments).Narrative Update • Mar 13
MTM: Higher Margin Outlook Will Drive Future P/E Rerating Potential
Analysts have raised their ZAR fair value estimate for Momentum Group by ZAR2 to ZAR43.44, citing updated assumptions for profit margins and future P/E expectations. Valuation Changes Fair Value: ZAR41.44 to ZAR43.44, a small upward adjustment in the implied equity value per share.Narrative Update • Feb 27
MTM: Fair Pricing Outlook Will Depend On P/E And Discount Rate
Analysts have nudged their fair value estimate for Momentum Group slightly higher from ZAR41.24 to ZAR41.44, citing updated assumptions around future P/E expectations while keeping revenue growth, profit margin and discount rate inputs broadly unchanged. Valuation Changes Fair Value: ZAR41.44, slightly above the prior ZAR41.24 estimate.Narrative Update • Feb 12
MTM: Fair Pricing Outlook Will Rely On Discount Rate And P E Assumptions
The analyst price target for Momentum Group has been adjusted slightly higher to ZAR41.24 from ZAR40.64. Analysts link the change to updated fair value assumptions, a lower discount rate and a modestly revised future P/E outlook.Narrative Update • Jan 28
MTM: Fair Pricing Outlook Will Depend On Stable Margins And Lower P/E Expectations
Analysts have updated their price targets for Momentum Group in line with revised valuation work, which keeps fair value estimates broadly unchanged while slightly adjusting future P/E assumptions. This reflects a reassessment of how the market may be willing to price the company’s earnings over time.Narrative Update • Jan 14
MTM: Fair Pricing Outlook Will Rely On Stable Margins And P/E Assumptions
Analysts have nudged their price target for Momentum Group from $39.68 to $40.64, citing small refinements in fair value estimates, discount rate assumptions and expected future P/E levels as the key drivers of this change. Valuation Changes Fair Value: The model fair value estimate has been adjusted from ZAR39.68 to ZAR40.64, reflecting a small upward refinement in the valuation output.Analysis Article • Jan 09
Here's Why We Think Momentum Group (JSE:MTM) Might Deserve Your Attention Today
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Dec 19
Subdued Growth No Barrier To Momentum Group Limited's (JSE:MTM) Price
There wouldn't be many who think Momentum Group Limited's ( JSE:MTM ) price-to-earnings (or "P/E") ratio of 8.3x is...Narrative Update • Sep 26
Share Buybacks And Myriad Digital Focus Will Spur Future Success
Momentum Group’s fair value has improved due to a lower forward P/E multiple, indicating a more attractive valuation, with the consensus analyst price target rising modestly from ZAR38.74 to ZAR39.68. Valuation Changes Summary of Valuation Changes for Momentum Group The Consensus Analyst Price Target has risen slightly from ZAR38.74 to ZAR39.68.Narrative Update • Aug 26
Share Buybacks And Myriad Digital Focus Will Spur Future Success
Despite lower consensus revenue growth forecasts, analysts have raised their fair value for Momentum Group, reflected in a higher price target (ZAR38.74) and an increased future P/E multiple, signaling improved sentiment or expectations for profitability. What's in the News Held Analyst/Investor Day event.Analysis Article • Aug 09
Momentum Group Limited's (JSE:MTM) Business Is Trailing The Market But Its Shares Aren't
There wouldn't be many who think Momentum Group Limited's ( JSE:MTM ) price-to-earnings (or "P/E") ratio of 8.9x is...Analysis Article • Jul 15
We Ran A Stock Scan For Earnings Growth And Momentum Group (JSE:MTM) Passed With Ease
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • May 05
Momentum Group Limited's (JSE:MTM) Shareholders Might Be Looking For Exit
There wouldn't be many who think Momentum Group Limited's ( JSE:MTM ) price-to-earnings (or "P/E") ratio of 9.3x is...Analysis Article • Feb 28
Here's Why Momentum Group (JSE:MTM) Has Caught The Eye Of Investors
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
New Narrative • Feb 19
Investments In Digitalization And India Expansion Will Strengthen Future Performance
Significant digital investment and a new Impact Strategy target efficiency and growth, enhancing margins, return on equity, and service delivery.Analysis Article • Nov 26
With Momentum Group Limited (JSE:MTM) It Looks Like You'll Get What You Pay For
There wouldn't be many who think Momentum Group Limited's ( JSE:MTM ) price-to-earnings (or "P/E") ratio of 10.7x is...Analysis Article • Nov 05
Here's Why We Think Momentum Group (JSE:MTM) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Oct 14
Momentum Group's (JSE:MTM) Dividend Will Be ZAR0.65
The board of Momentum Group Limited ( JSE:MTM ) has announced that it will pay a dividend of ZAR0.65 per share on the...Analysis Article • Oct 04
These Analysts Think Momentum Group Limited's (JSE:MTM) Sales Are Under Threat
Today is shaping up negative for Momentum Group Limited ( JSE:MTM ) shareholders, with the analysts delivering a...Analysis Article • Sep 30
Momentum Group (JSE:MTM) Is Due To Pay A Dividend Of ZAR0.65
Momentum Group Limited ( JSE:MTM ) has announced that it will pay a dividend of ZAR0.65 per share on the 21st of...Analysis Article • Jul 25
Momentum Group Limited's (JSE:MTM) Price Is Out Of Tune With Earnings
It's not a stretch to say that Momentum Group Limited's ( JSE:MTM ) price-to-earnings (or "P/E") ratio of 7.3x right...Analysis Article • May 23
Analysts Just Made A Major Revision To Their Momentum Metropolitan Holdings Limited (JSE:MTM) Revenue Forecasts
The latest analyst coverage could presage a bad day for Momentum Metropolitan Holdings Limited ( JSE:MTM ), with the...Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTM's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Momentum Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTM) | 5.4% |
| Market Bottom 25% (ZA) | 3.5% |
| Market Top 25% (ZA) | 7.5% |
| Industry Average (Insurance) | 3.9% |
| Analyst forecast (MTM) (up to 3 years) | 7.2% |
Notable Dividend: MTM's dividend (5.43%) is higher than the bottom 25% of dividend payers in the ZA market (3.52%).
High Dividend: MTM's dividend (5.43%) is low compared to the top 25% of dividend payers in the ZA market (7.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), MTM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), MTM's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/16 17:02 |
| End of Day Share Price | 2026/07/16 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Momentum Group Limited is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adrienne Damant | Avior Capital Markets |
| Larissa van Deventer | Barclays |
| Harry Botha | BofA Global Research |