South Ocean Holdings Limited

JSE:SOH Stock Report

Market Cap: R274.4m

South Ocean Holdings Dividend

Dividend criteria checks 2/6

South Ocean Holdings is a dividend paying company with a current yield of 8.15% that is well covered by earnings.

Key information

8.1%

Dividend yield

25%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareR0.44
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

South Ocean Holdings' (JSE:SOH) Solid Profits Have Weak Fundamentals

Mar 28
South Ocean Holdings' (JSE:SOH) Solid Profits Have Weak Fundamentals

South Ocean Holdings (JSE:SOH) Has Some Way To Go To Become A Multi-Bagger

Mar 16
South Ocean Holdings (JSE:SOH) Has Some Way To Go To Become A Multi-Bagger

South Ocean Holdings (JSE:SOH) Has A Somewhat Strained Balance Sheet

Dec 02
South Ocean Holdings (JSE:SOH) Has A Somewhat Strained Balance Sheet

Return Trends At South Ocean Holdings (JSE:SOH) Aren't Appealing

Oct 28
Return Trends At South Ocean Holdings (JSE:SOH) Aren't Appealing

We Think South Ocean Holdings (JSE:SOH) Is Taking Some Risk With Its Debt

Aug 31
We Think South Ocean Holdings (JSE:SOH) Is Taking Some Risk With Its Debt

There's Been No Shortage Of Growth Recently For South Ocean Holdings' (JSE:SOH) Returns On Capital

Jul 22
There's Been No Shortage Of Growth Recently For South Ocean Holdings' (JSE:SOH) Returns On Capital

Returns At South Ocean Holdings (JSE:SOH) Are On The Way Up

Mar 09
Returns At South Ocean Holdings (JSE:SOH) Are On The Way Up

The Return Trends At South Ocean Holdings (JSE:SOH) Look Promising

Nov 17
The Return Trends At South Ocean Holdings (JSE:SOH) Look Promising

Does South Ocean Holdings (JSE:SOH) Have A Healthy Balance Sheet?

Oct 12
Does South Ocean Holdings (JSE:SOH) Have A Healthy Balance Sheet?

South Ocean Holdings (JSE:SOH) Might Have The Makings Of A Multi-Bagger

Aug 02
South Ocean Holdings (JSE:SOH) Might Have The Makings Of A Multi-Bagger

Is South Ocean Holdings (JSE:SOH) Using Too Much Debt?

Jun 28
Is South Ocean Holdings (JSE:SOH) Using Too Much Debt?

Positive Sentiment Still Eludes South Ocean Holdings Limited (JSE:SOH) Following 27% Share Price Slump

Apr 14
Positive Sentiment Still Eludes South Ocean Holdings Limited (JSE:SOH) Following 27% Share Price Slump

Here's Why I Think South Ocean Holdings (JSE:SOH) Is An Interesting Stock

Apr 06
Here's Why I Think South Ocean Holdings (JSE:SOH) Is An Interesting Stock

South Ocean Holdings (JSE:SOH) Is Looking To Continue Growing Its Returns On Capital

Feb 02
South Ocean Holdings (JSE:SOH) Is Looking To Continue Growing Its Returns On Capital

South Ocean Holdings (JSE:SOH) Seems To Use Debt Quite Sensibly

Oct 13
South Ocean Holdings (JSE:SOH) Seems To Use Debt Quite Sensibly

South Ocean Holdings' (JSE:SOH) Earnings Are Weaker Than They Seem

Aug 10
South Ocean Holdings' (JSE:SOH) Earnings Are Weaker Than They Seem

South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

Aug 10
South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

These 4 Measures Indicate That South Ocean Holdings (JSE:SOH) Is Using Debt Reasonably Well

May 24
These 4 Measures Indicate That South Ocean Holdings (JSE:SOH) Is Using Debt Reasonably Well

South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

Mar 24
South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SOH has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SOH's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

South Ocean Holdings Dividend Yield vs Market
How does SOH dividend yield compare to the market?
SegmentDividend Yield
Company (SOH)8.1%
Market Bottom 25% (ZA)4.1%
Market Top 25% (ZA)9.6%
Industry Average (Electrical)1.7%
Analyst forecast in 3 Years (SOH)n/a

Notable Dividend: SOH's dividend (8.15%) is higher than the bottom 25% of dividend payers in the ZA market (4.08%).

High Dividend: SOH's dividend (8.15%) is low compared to the top 25% of dividend payers in the ZA market (9.61%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.2%), SOH's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SOH is paying a dividend but the company has no free cash flows.


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