Absa Group Dividend
Dividend criteria checks 5/6
Absa Group is a dividend paying company with a current yield of 9.69% that is well covered by earnings.
Key information
9.7%
Dividend yield
57%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €23.99 |
Dividend yield forecast in 3Y | 12.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AU61's dividend payments have been volatile in the past 10 years.
Growing Dividend: AU61'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 (AU61) | 9.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Banks) | 6.4% |
Analyst forecast in 3 Years (AU61) | 12.9% |
Notable Dividend: AU61's dividend (9.69%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: AU61's dividend (9.69%) is in the top 25% of dividend payers in the German market (4.77%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), AU61's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AU61's dividends in 3 years are forecast to be covered by earnings (55.1% payout ratio).