Absa Group Dividend
Dividend criteria checks 3/6
Absa Group is a dividend paying company with a current yield of 7.04% that is well covered by earnings.
Key information
7.0%
Dividend yield
52%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R24.85 |
Dividend yield forecast | 10.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASN402's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASN402'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 (ASN402) | 7.0% |
Market Bottom 25% (ZA) | 3.1% |
Market Top 25% (ZA) | 7.4% |
Industry Average (Banks) | 4.9% |
Analyst forecast (ASN402) (up to 3 years) | 10.0% |
Notable Dividend: ASN402's dividend (7.04%) is higher than the bottom 25% of dividend payers in the ZA market (3.96%).
High Dividend: ASN402's dividend (7.04%) is low compared to the top 25% of dividend payers in the ZA market (9.38%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.5%), ASN402's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.