FirstRand Dividends and Buybacks
Dividend criteria checks 3/6
FirstRand is a dividend paying company with a current yield of 5.58% 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) | 5.8% |
| Market Top 25% (NA) | 11.0% |
| Industry Average (Diversified Financial) | 4.7% |
| Analyst forecast (FST) (up to 3 years) | 7.2% |
Notable Dividend: FST's dividend (5.58%) isn’t notable compared to the bottom 25% of dividend payers in the NA market (5.83%).
High Dividend: FST's dividend (5.58%) is low compared to the top 25% of dividend payers in the NA market (11.02%).
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 (59.6% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FirstRand Limited is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Johann Scholtz | Afrifocus Securities (Pty) Ltd. |
| Harry Botha | Anchor Stockbrokers Proprietary Limited |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |