Argent Industrial Dividends and Buybacks
Dividend criteria checks 4/6
Argent Industrial is a dividend paying company with a current yield of 4.66% that is well covered by earnings.
Key information
4.7%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 5.8% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R1.200 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Argent Industrial Limited's (JSE:ART) CEO Compensation For The Time Being
Aug 15
Argent Industrial's (JSE:ART) Dividend Will Be Increased To ZAR0.60
Jul 05Argent 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) | 4.7% |
| Market Bottom 25% (ZA) | 3.3% |
| Market Top 25% (ZA) | 7.9% |
| Industry Average (Building) | 5.5% |
| Analyst forecast (ART) (up to 3 years) | 4.7% |
Notable Dividend: ART's dividend (4.66%) is higher than the bottom 25% of dividend payers in the ZA market (3.24%).
High Dividend: ART's dividend (4.66%) is low compared to the top 25% of dividend payers in the ZA market (7.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.7%), ART's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), ART's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 15:47 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Argent Industrial Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Giuseppe Jerman | Investec Bank Limited (SA) |
| null null | Merchantec (Proprietary) Limited |