FirstRand Namibia Dividend
Dividend criteria checks 3/6
FirstRand Namibia is a dividend paying company with a current yield of 7.62% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 7th October, 2024.
Key information
7.6%
Dividend yield
55%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 07 Oct 24 |
| Dividend per share | R3.537 |
| Earnings per share | R6.44 |
| Dividend yield forecast | 9.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FNB's dividend payments have been volatile in the past 10 years.
Growing Dividend: FNB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| FirstRand Namibia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FNB) | 7.6% |
| Market Bottom 25% (NA) | 4.7% |
| Market Top 25% (NA) | 9.3% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (FNB) (up to 3 years) | 9.1% |
Notable Dividend: FNB's dividend (7.62%) is higher than the bottom 25% of dividend payers in the NA market (4.66%).
High Dividend: FNB's dividend (7.62%) is low compared to the top 25% of dividend payers in the NA market (9.29%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.5%), FNB's dividend payments are 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.