Argent Industrial Dividends and Buybacks
Dividend criteria checks 4/6
Argent Industrial is a dividend paying company with a current yield of 4.4% that is well covered by earnings.
Key information
4.4%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R1.200 |
| Payout ratio | 26% |
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) | 4.4% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Building) | 5.4% |
| Analyst forecast (ART) (up to 3 years) | 4.4% |
Notable Dividend: ART's dividend (4.4%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: ART's dividend (4.4%) is low compared to the top 25% of dividend payers in the ZA market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), ART's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.1%), ART's dividend payments are well covered by cash flows.