Argent Industrial Dividend
Dividend criteria checks 4/6
Argent Industrial is a dividend paying company with a current yield of 6.04% that is well covered by earnings.
Key information
6.0%
Dividend yield
23%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R4.65 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Argent Industrial (JSE:ART) Is Looking To Continue Growing Its Returns On Capital
Nov 19Does Argent Industrial (JSE:ART) Have A Healthy Balance Sheet?
Aug 18Sentiment Still Eluding Argent Industrial Limited (JSE:ART)
Dec 16Argent Industrial (JSE:ART) Is Doing The Right Things To Multiply Its Share Price
Oct 26We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Argent Industrial Limited's (JSE:ART) CEO For Now
Aug 14Argent Industrial's (JSE:ART) Robust Earnings Are Supported By Other Strong Factors
Jul 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ART's dividend payments have been volatile in the past 10 years.
Growing Dividend: ART's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Argent Industrial Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ART) | 6.0% |
Market Bottom 25% (ZA) | 4.1% |
Market Top 25% (ZA) | 9.6% |
Industry Average (Building) | 5.8% |
Analyst forecast in 3 Years (ART) | 6.0% |
Notable Dividend: ART's dividend (6.04%) is higher than the bottom 25% of dividend payers in the ZA market (4.1%).
High Dividend: ART's dividend (6.04%) is low compared to the top 25% of dividend payers in the ZA market (9.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), ART's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.7%), ART's dividend payments are well covered by cash flows.