FirstRand Dividends and Buybacks
Dividend criteria checks 3/6
FirstRand is a dividend paying company with a current yield of 5.62% that is well covered by earnings.
Key information
5.6%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 7.2% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R4.300 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FST's dividend payments have been volatile in the past 10 years.
Growing Dividend: FST's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| FirstRand Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FST) | 5.6% |
| Market Bottom 25% (NA) | 6.3% |
| Market Top 25% (NA) | 10.3% |
| Industry Average (Diversified Financial) | 4.7% |
| Analyst forecast (FST) (up to 3 years) | 7.2% |
Notable Dividend: FST's dividend (5.62%) isn’t notable compared to the bottom 25% of dividend payers in the NA market (5.92%).
High Dividend: FST's dividend (5.62%) is low compared to the top 25% of dividend payers in the NA market (9.28%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.9%), FST's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FST's dividends in 3 years are forecast to be covered by earnings (59.5% payout ratio).