Dar es Salaam Stock Exchange Dividend
Dividend criteria checks 2/6
Dar es Salaam Stock Exchange is a dividend paying company with a current yield of 6.24% that is well covered by earnings.
Key information
6.2%
Dividend yield
60%
Payout ratio
Industry average yield | 7.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | TSh256.41 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DSE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DSE's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Dar es Salaam Stock Exchange Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DSE) | 6.2% |
Market Bottom 25% (TZ) | 3.0% |
Market Top 25% (TZ) | 6.8% |
Industry Average (Capital Markets) | 7.0% |
Analyst forecast in 3 Years (DSE) | n/a |
Notable Dividend: DSE's dividend (6.24%) is higher than the bottom 25% of dividend payers in the TZ market (2.98%).
High Dividend: DSE's dividend (6.24%) is low compared to the top 25% of dividend payers in the TZ market (6.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), DSE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate DSE's cash payout ratio to determine if its dividend payments are covered by cash flows.