Clicks Group Dividends and Buybacks
Dividend criteria checks 5/6
Clicks Group is a dividend paying company with a current yield of 3.76% that is well covered by earnings.
Key information
3.8%
Dividend yield
2.7%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 12.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 64% |
Recent dividend and buyback updates
Analysis Article • Nov 21
Clicks Group (JSE:CLS) Has Announced That It Will Be Increasing Its Dividend To ZAR6.48
Clicks Group Limited's ( JSE:CLS ) dividend will be increasing from last year's payment of the same period to ZAR6.48...Analysis Article • Oct 29
Clicks Group (JSE:CLS) Is Increasing Its Dividend To ZAR6.48
Clicks Group Limited ( JSE:CLS ) will increase its dividend from last year's comparable payment on the 26th of January...Recent updates
Narrative Update • Jun 25
CLS: Dividends And Share Buybacks Will Support Future Upside Potential
Analysts have lowered their price target for Clicks Group from ZAR358.88 to ZAR338.50, citing updated assumptions around profit margins and a slightly higher future P/E expectation. What’s in the News for Clicks Group Clicks Group approved an interim gross ordinary dividend of 258.0 cents per share for the period ended 28 February 2026, with Dividends Tax of 20% resulting in a net dividend of 206.4 cents per share for shareholders who are not exempt, sourced from distributable reserves and paid in cash.Narrative Update • Jun 04
CLS: Dividend Payouts And Completed Buyback Programme Will Support Future Upside
Analysts have kept their ZAR price target for Clicks Group effectively unchanged at around ZAR359, citing only marginal tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any shift in the core investment case. What's in the News Clicks Group approved an interim gross ordinary dividend of 258.0 cents per share for the period ended 28 February 2026, with the source of the dividend stated as distributable reserves and payment scheduled in cash.Analysis Article • May 28
Do Clicks Group's (JSE:CLS) Earnings Warrant Your Attention?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Narrative Update • May 18
CLS: Dividend And Buyback Programme Will Support Future Upside Potential
Analysts have reduced their price target for Clicks Group from ZAR382.25 to ZAR358.88. They cite slightly softer assumptions for revenue growth, profit margins and future P/E multiples, while noting that the discount rate remains broadly similar.Narrative Update • Apr 29
CLS: Dividend And Buyback Actions Will Support Future Upside Potential
Analysts have trimmed their price target for Clicks Group from ZAR410.00 to about ZAR382.25, reflecting updated assumptions around revenue growth, margins, and a lower future P/E multiple. What's in the News Clicks Group has approved an interim gross ordinary dividend of 258.0 cents per share for the period ended 28 February 2026.Narrative Update • Apr 13
CLS: Lower Margin Assumptions Will Still Support Future Upside Potential
Analysts have revised their price target for Clicks Group from ZAR430.25 to ZAR410.00, citing updated fair value assumptions, a slightly lower discount rate, and modest changes to expectations for revenue growth, profit margins, and future P/E ratios. Valuation Changes Fair Value: revised from ZAR430.25 to ZAR410.00, representing a small downward adjustment to the central value estimate.Analysis Article • Feb 11
If EPS Growth Is Important To You, Clicks Group (JSE:CLS) Presents An Opportunity
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Jan 23
Increases to Clicks Group Limited's (JSE:CLS) CEO Compensation Might Cool off for now
Key Insights Clicks Group to hold its Annual General Meeting on 29th of January Total pay for CEO Bertina Engelbrecht...Narrative Update • Jan 10
CLS: Higher Dividend And Margin Assumptions Will Support Future Upside
Analysts have nudged their price target for Clicks Group higher from R423.14 to R430.25, citing modest adjustments to fair value assumptions along with updated views on revenue growth, profit margins and future P/E expectations. What's in the News Clicks Group Limited approved a final gross ordinary dividend for the period ended 31 August 2025 of 648.0 cents per share, with dividends tax of 20% resulting in a net dividend of 518.4 cents per share for ordinary shareholders who are not exempt from tax (Key Developments).Analysis Article • Dec 09
Risks To Shareholder Returns Are Elevated At These Prices For Clicks Group Limited (JSE:CLS)
When close to half the companies in South Africa have price-to-earnings ratios (or "P/E's") below 9x, you may consider...Analysis Article • Nov 21
Clicks Group (JSE:CLS) Has Announced That It Will Be Increasing Its Dividend To ZAR6.48
Clicks Group Limited's ( JSE:CLS ) dividend will be increasing from last year's payment of the same period to ZAR6.48...Analysis Article • Oct 31
The Strong Earnings Posted By Clicks Group (JSE:CLS) Are A Good Indication Of The Strength Of The Business
Clicks Group Limited ( JSE:CLS ) just reported healthy earnings but the stock price didn't move much. Our analysis...Analysis Article • Oct 29
Clicks Group (JSE:CLS) Is Increasing Its Dividend To ZAR6.48
Clicks Group Limited ( JSE:CLS ) will increase its dividend from last year's comparable payment on the 26th of January...Analysis Article • Aug 25
Does Clicks Group (JSE:CLS) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Aug 07
Clicks Group Limited's (JSE:CLS) Business Is Trailing The Market But Its Shares Aren't
When close to half the companies in South Africa have price-to-earnings ratios (or "P/E's") below 8x, you may consider...Analysis Article • Jul 20
Investors Shouldn't Overlook Clicks Group's (JSE:CLS) Impressive Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
New Narrative • Dec 08
ClubCard Loyalty And UPD Innovations Will Propel Revenue Growth And Boost Profitability
Clicks Group's expansion plans and technology updates aim to drive revenue and improve operational efficiency, enhancing both market reach and net margins.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CLS's dividends per share have been stable in the past 10 years.
Growing Dividend: CLS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Clicks Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CLS) | 3.8% |
| Market Bottom 25% (ZA) | 3.4% |
| Market Top 25% (ZA) | 7.6% |
| Industry Average (Consumer Retailing) | 2.7% |
| Analyst forecast (CLS) (up to 3 years) | 4.8% |
Notable Dividend: CLS's dividend (3.76%) is higher than the bottom 25% of dividend payers in the ZA market (3.37%).
High Dividend: CLS's dividend (3.76%) is low compared to the top 25% of dividend payers in the ZA market (7.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.1%), CLS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.9%), CLS's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/07 14:13 |
| End of Day Share Price | 2026/07/06 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2025/08/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Clicks Group Limited is covered by 18 analysts. 9 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 |
|---|---|
| Rendani Magalela | Absa Bank Limited |
| Victor Dima | Arqaam Capital Research Offshore S.A.L. |
| Michael de Nobrega | Avior Capital Markets |