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 yield | 10.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | GH₵0.068 |
| Earnings per share | GH₵0.27 |
| Dividend yield forecast in 3Y | 17.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2023 | 0.17 | 1 |
| 2/2/2023 | 0.068 | 6.82 |
| 9/27/2022 | 0.068 | 6.82 |
| 9/6/2021 | 0.11 | 9.93 |
| 9/8/2020 | 0.045 | 5.82 |
| 3/8/2019 | 0.04 | 5.74 |
| 10/26/2018 | - | 0 |
| 7/25/2018 | - | 0 |
| 4/24/2018 | - | 0 |
| 3/23/2018 | - | 0 |
| 3/23/2017 | 0.028 | 3.85 |
| 3/18/2016 | 0.065 | 10.38 |
| 2/26/2016 | 0.065 | 9.41 |
| 7/28/2015 | - | 0 |
| 5/19/2015 | - | 0 |
| 3/11/2015 | - | 0 |
| 3/1/2014 | 0.047 | 6.6 |
| 2/14/2013 | 0.031 | 4.7 |
| 3/23/2012 | 0.031 | 8.57 |
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 |
|---|
| Segment | Dividend 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.