Bid Dividends and Buybacks
Dividend criteria checks 2/6
Bid is a dividend paying company with a current yield of 2.5% that is well covered by earnings.
Key information
2.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 4.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R11.300 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet
Oct 25
We Think Bid (JSE:BID) Can Stay On Top Of Its Debt
Oct 05Do Bid's (JSE:BID) Earnings Warrant Your Attention?
Sep 21Bid (JSE:BID) Is Increasing Its Dividend To ZAR5.65
Sep 06Returns On Capital At Bid (JSE:BID) Have Stalled
Aug 03Earnings Not Telling The Story For Bid Corporation Limited (JSE:BID)
Jul 19We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease
May 21Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward
Apr 22Bid Corporation Limited's (JSE:BID) Shareholders Might Be Looking For Exit
Apr 08Bid (JSE:BID) Seems To Use Debt Quite Sensibly
Mar 04We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease
Feb 05Bid (JSE:BID) Hasn't Managed To Accelerate Its Returns
Jan 21Bid Corporation Limited's (JSE:BID) Shares May Have Run Too Fast Too Soon
Jan 05We Think Bid Corporation Limited's (JSE:BID) CEO Compensation Looks Fair
Nov 10Returns On Capital At Bid (JSE:BID) Have Hit The Brakes
Oct 20Does Bid (JSE:BID) Deserve A Spot On Your Watchlist?
Oct 05Is Bid (JSE:BID) Using Too Much Debt?
Sep 19Returns On Capital At Bid (JSE:BID) Have Hit The Brakes
Jul 16Bid (JSE:BID) Has A Pretty Healthy Balance Sheet
Jun 13Do Bid's (JSE:BID) Earnings Warrant Your Attention?
May 29Here's What To Make Of Bid's (JSE:BID) Decelerating Rates Of Return
Apr 10These 4 Measures Indicate That Bid (JSE:BID) Is Using Debt Reasonably Well
Mar 11Is Now The Time To Put Bid (JSE:BID) On Your Watchlist?
Feb 23Returns On Capital At Bid (JSE:BID) Have Hit The Brakes
Dec 14It's Probably Less Likely That Bid Corporation Limited's (JSE:BID) CEO Will See A Huge Pay Rise This Year
Nov 11The Price Is Right For Bid Corporation Limited (JSE:BID)
Oct 21Is Bid (JSE:BID) Using Too Much Debt?
Sep 06Are Bid Corporation Limited (JSE:BID) Investors Paying Above The Intrinsic Value?
Aug 24Be Wary Of Bid (JSE:BID) And Its Returns On Capital
Jul 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BID has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BID's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Bid Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BID) | 2.5% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.9% |
| Industry Average (Consumer Retailing) | 2.3% |
| Analyst forecast (BID) (up to 3 years) | 3.1% |
Notable Dividend: BID's dividend (2.5%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: BID's dividend (2.5%) is low compared to the top 25% of dividend payers in the ZA market (7.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.6%), BID's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.4%), BID's dividend payments are covered by cash flows.