Ninety One Group Dividend
Dividend criteria checks 2/6
Ninety One Group is a dividend paying company with a current yield of 7.37% that is well covered by earnings.
Key information
7.4%
Dividend yield
71%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R0.18 |
Dividend yield forecast in 3Y | 7.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NY1 has been paying a dividend for less than 10 years.
Growing Dividend: NY1's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Ninety One Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NY1) | 7.4% |
Market Bottom 25% (ZA) | 4.0% |
Market Top 25% (ZA) | 9.3% |
Industry Average (Capital Markets) | 6.1% |
Analyst forecast in 3 Years (NY1) | 7.4% |
Notable Dividend: NY1's dividend (7.37%) is higher than the bottom 25% of dividend payers in the ZA market (4.02%).
High Dividend: NY1's dividend (7.37%) is low compared to the top 25% of dividend payers in the ZA market (9.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.4%), NY1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104%), NY1's dividend payments are not well covered by cash flows.