Societe Generale Ghana PLC

GHSE:SOGEGH Stock Report

Mkt Cap: GH₵709.1m

Societe Generale Ghana Dividend

Dividend criteria checks 3/6

Societe Generale Ghana PLC is a dividend paying company with a current yield of 6.8% that is well covered by earnings.

Key information

6.8%

Dividend yield

26%

Payout ratio

Industry average yield10.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareGH₵0.068
Earnings per shareGH₵0.27
Dividend yield forecast in 3Y17.3%

Recent dividend updates

Recent updates

Stability and Growth of Payments

How stable has Societe Generale Ghana's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20230.171
2/2/20230.0686.82
9/27/20220.0686.82
9/6/20210.119.93
9/8/20200.0455.82
3/8/20190.045.74
10/26/2018-0
7/25/2018-0
4/24/2018-0
3/23/2018-0
3/23/20170.0283.85
3/18/20160.06510.38
2/26/20160.0659.41
7/28/2015-0
5/19/2015-0
3/11/2015-0
3/1/20140.0476.6
2/14/20130.0314.7
3/23/20120.0318.57

Stable Dividend: SOGEGH's dividend payments have been volatile in the past 10 years.

Growing Dividend: SOGEGH's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Societe Generale Ghana Dividend Yield vs Market
How does SOGEGH dividend yield compare to the market?
SegmentDividend Yield
Company (SOGEGH)6.8%
Market Bottom 25% (GH)5.7%
Market Top 25% (GH)14.7%
Industry Average (Banks)10.8%
Analyst forecast in 3 Years (SOGEGH)17.3%

Notable Dividend: SOGEGH's dividend (6.82%) is higher than the bottom 25% of dividend payers in the GH market (5.72%).

High Dividend: SOGEGH's dividend (6.82%) is low compared to the top 25% of dividend payers in the GH market (14.43%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.2%), SOGEGH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


Discover strong dividend paying companies