Argent Industrial Dividend
Dividend criteria checks 4/6
Argent Industrial is a dividend paying company with a current yield of 5.31% that is well covered by earnings.
Key information
5.3%
Dividend yield
26%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | R1.200 |
Earnings per share | R4.50 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
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) | 5.3% |
Market Bottom 25% (ZA) | 3.4% |
Market Top 25% (ZA) | 8.5% |
Industry Average (Building) | 5.7% |
Analyst forecast in 3 Years (ART) | 5.3% |
Notable Dividend: ART's dividend (5.31%) is higher than the bottom 25% of dividend payers in the ZA market (3.38%).
High Dividend: ART's dividend (5.31%) is low compared to the top 25% of dividend payers in the ZA market (8.49%).
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.