Coronation Fund Managers Dividends and Buybacks
Dividend criteria checks 3/6
Coronation Fund Managers is a dividend paying company with a current yield of 9.34%. Next payment date is on 9th December, 2024 with an ex-dividend date of 4th December, 2024.
Key information
9.3%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 9.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.3% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 04 Dec 24 |
| Dividend per share | R3.700 |
| Payout ratio | 92% |
Recent dividend and buyback updates
Recent updates
Coronation Fund Managers Limited's (JSE:CML) Popularity With Investors Is Under Threat From Overpricing
Sep 13
Coronation Fund Managers (JSE:CML) Will Pay A Smaller Dividend Than Last Year
Nov 24Here's Why Coronation Fund Managers Limited's (JSE:CML) CEO Compensation Is The Least Of Shareholders Concerns
Feb 16Zooming in on JSE:CML's 7.8% Dividend Yield
Feb 01
What You Need To Know About Coronation Fund Managers Limited's (JSE:CML) Investor Composition
Jan 11How Much Is Coronation Fund Managers' (JSE:CML) CEO Getting Paid?
Dec 22Here's Why We're Wary Of Buying Coronation Fund Managers' (JSE:CML) For Its Upcoming Dividend
Dec 05Coronation Fund Managers Limited (JSE:CML) Insiders Increased Their Holdings
Nov 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CML's dividend payments have been volatile in the past 10 years.
Growing Dividend: CML's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Coronation Fund Managers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CML) | 9.3% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Capital Markets) | 5.6% |
| Analyst forecast (CML) (up to 3 years) | n/a |
Notable Dividend: CML's dividend (9.34%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: CML's dividend (9.34%) is in the top 25% of dividend payers in the ZA market (8.04%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.1%), CML's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), CML's dividend payments are well covered by cash flows.