Absa Group Dividends and Buybacks
Dividend criteria checks 5/6
Absa Group is a dividend paying company with a current yield of 8.2% that is well covered by earnings.
Key information
8.2%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 9.0% |
| Future Dividend Yield | 10.4% |
| Dividend Growth | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R13.700 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Absa Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABG) | 8.2% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.9% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (ABG) (up to 3 years) | 10.4% |
Notable Dividend: ABG's dividend (8.2%) is higher than the bottom 25% of dividend payers in the ZA market (3.22%).
High Dividend: ABG's dividend (8.2%) is in the top 25% of dividend payers in the ZA market (7.86%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.9%), ABG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ABG's dividends in 3 years are forecast to be covered by earnings (54.2% payout ratio).