Absa Group Dividend
Dividend criteria checks 5/6
Absa Group is a dividend paying company with a current yield of 7.96% that is well covered by earnings.
Key information
8.0%
Dividend yield
60%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.768 |
Earnings per share | US$22.86 |
Dividend yield forecast | 10.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AGRP.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: AGRP.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Absa Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AGRP.Y) | 8.0% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.4% |
Industry Average (Banks) | 2.8% |
Analyst forecast (AGRP.Y) (up to 3 years) | 10.1% |
Notable Dividend: AGRP.Y's dividend (7.96%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: AGRP.Y's dividend (7.96%) is in the top 25% of dividend payers in the US market (4.36%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.9%), AGRP.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGRP.Y's dividends in 3 years are forecast to be covered by earnings (54.2% payout ratio).