Bid Dividends and Buybacks
Dividend criteria checks 2/6
Bid is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 4.8% |
| 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
Return Trends At Bid (JSE:BID) Aren't Appealing
Dec 20
Bid Corporation Limited's (JSE:BID) Share Price Could Signal Some Risk
Dec 06Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet
Oct 25We 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 05Stability 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) | 2.6% |
| Market Bottom 25% (ZA) | 3.3% |
| Market Top 25% (ZA) | 7.7% |
| Industry Average (Consumer Retailing) | 2.3% |
| Analyst forecast (BID) (up to 3 years) | 3.2% |
Notable Dividend: BID's dividend (2.62%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.28%).
High Dividend: BID's dividend (2.62%) is low compared to the top 25% of dividend payers in the ZA market (7.67%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 03:11 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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
Bid Corporation Limited is covered by 13 analysts. 6 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 |
|---|---|
| Brent Madel | Absa Bank Limited |
| Paul Henri Steegers | BofA Global Research |
| Rowan Goeller | Chronux Research |