Absa Group Dividend

What is Absa Group current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend 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
How does ABG dividend yield compare to the market?
SegmentDividend 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

How stable has Absa Group's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/202417.438
12/31/202316.259
1/26/2023136.43
8/16/2022136.81
3/15/20229.55.58
8/17/20216.24.05
3/15/2021-0
8/24/2020-0
3/11/202011.2513.31
3/11/201911.17.14
3/1/201810.76.46
2/23/201710.36.75
2/22/201710.36.55
4/1/2016106.58
3/2/2016107.06
3/1/2016107.06
4/1/20159.255.56
3/3/20159.255.09
7/30/20148.75.02
2/11/20148.25.42
7/30/20137.195.18
2/12/20136.844.55
7/27/20127.074.81
2/10/20127.845.19

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).


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