AfroCentric Investment Dividends and Buybacks
Dividend criteria checks 5/6
AfroCentric Investment is a dividend paying company with a current yield of 8.27% that is well covered by earnings.
Key information
8.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.220 |
| Payout ratio | 60% |
Recent dividend and buyback updates
AfroCentric Investment (JSE:ACT) Has Announced A Dividend Of ZAR0.17
Oct 26
AfroCentric Investment (JSE:ACT) Is Due To Pay A Dividend Of ZAR0.17
Oct 12AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of ZAR0.17
Sep 16Recent updates
AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings
Sep 01Pinning Down AfroCentric Investment Corporation Limited's (JSE:ACT) P/E Is Difficult Right Now
May 02Here's Why We Think AfroCentric Investment Corporation Limited's (JSE:ACT) CEO Compensation Looks Fair for the time being
Nov 04AfroCentric Investment (JSE:ACT) Has Announced A Dividend Of ZAR0.17
Oct 26AfroCentric Investment (JSE:ACT) Is Due To Pay A Dividend Of ZAR0.17
Oct 12AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of ZAR0.17
Sep 16AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of R0.17
Oct 03AfroCentric Investment's (JSE:ACT) Dividend Will Be R0.17
Sep 16Is Now The Time To Put AfroCentric Investment (JSE:ACT) On Your Watchlist?
Sep 05I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut
Jun 04How Does AfroCentric Investment Corporation Limited (JSE:ACT) Fare As A Dividend Stock?
Apr 28I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut
Feb 24Why AfroCentric Investment Corporation Limited (JSE:ACT) Should Be In Your Dividend Portfolio
Jan 18AfroCentric Investment's (JSE:ACT) Shareholders Are Down 44% On Their Shares
Dec 22
Here's Why I Think AfroCentric Investment (JSE:ACT) Is An Interesting Stock
Nov 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACT's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| AfroCentric Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ACT) | 8.3% |
| Market Bottom 25% (ZA) | 3.1% |
| Market Top 25% (ZA) | 7.8% |
| Industry Average (Diversified Financial) | 4.9% |
| Analyst forecast (ACT) (up to 3 years) | n/a |
Notable Dividend: ACT's dividend (8.27%) is higher than the bottom 25% of dividend payers in the ZA market (3.12%).
High Dividend: ACT's dividend (8.27%) is in the top 25% of dividend payers in the ZA market (7.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.5%), ACT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33%), ACT's dividend payments are well covered by cash flows.