Absa Group Dividend
What is Absa Group current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.43%
Current Dividend Yield
Dividend Yield vs Market
| Absa Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABG) | 6.4% |
| Market Bottom 25% (ZA) | 3.8% |
| Market Top 25% (ZA) | 8.8% |
| Industry Average (Banks) | 5.1% |
| Analyst forecast in 3 Years (ABG) | 8.3% |
Notable Dividend: ABG's dividend (6.43%) is higher than the bottom 25% of dividend payers in the ZA market (3.78%).
High Dividend: ABG's dividend (6.43%) is low compared to the top 25% of dividend payers in the ZA market (8.82%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 17.43 | 8 |
| 12/31/2023 | 16.25 | 9 |
| 1/26/2023 | 13 | 6.43 |
| 8/16/2022 | 13 | 6.81 |
| 3/15/2022 | 9.5 | 5.58 |
| 8/17/2021 | 6.2 | 4.05 |
| 3/15/2021 | - | 0 |
| 8/24/2020 | - | 0 |
| 3/11/2020 | 11.25 | 13.31 |
| 3/11/2019 | 11.1 | 7.14 |
| 3/1/2018 | 10.7 | 6.46 |
| 2/23/2017 | 10.3 | 6.75 |
| 2/22/2017 | 10.3 | 6.55 |
| 4/1/2016 | 10 | 6.58 |
| 3/2/2016 | 10 | 7.06 |
| 3/1/2016 | 10 | 7.06 |
| 4/1/2015 | 9.25 | 5.56 |
| 3/3/2015 | 9.25 | 5.09 |
| 7/30/2014 | 8.7 | 5.02 |
| 2/11/2014 | 8.2 | 5.42 |
| 7/30/2013 | 7.19 | 5.18 |
| 2/12/2013 | 6.84 | 4.55 |
| 7/27/2012 | 7.07 | 4.81 |
| 2/10/2012 | 7.84 | 5.19 |
Stable Dividend: ABG's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.5%), ABG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ABG's dividends in 3 years are forecast to be covered by earnings (55.9% payout ratio).