Astral Foods Dividends and Buybacks
Dividend criteria checks 3/6
Astral Foods is a dividend paying company with a current yield of 2.65% that is well covered by earnings. Next payment date is on 20th January, 2025 with an ex-dividend date of 15th January, 2025.
Key information
2.7%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 11.4% |
| Dividend Growth | -6.5% |
| Next dividend pay date | 20 Jan 25 |
| Ex dividend date | 15 Jan 25 |
| Dividend per share | R5.200 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ARL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Astral Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARL) | 2.7% |
| Market Bottom 25% (ZA) | 3.3% |
| Market Top 25% (ZA) | 7.7% |
| Industry Average (Food) | 4.2% |
| Analyst forecast (ARL) (up to 3 years) | 11.4% |
Notable Dividend: ARL's dividend (2.65%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.28%).
High Dividend: ARL's dividend (2.65%) 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 (26.6%), ARL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.7%), ARL's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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 |
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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 here.
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 .
Analyst Sources
Astral Foods Limited is covered by 7 analysts. 1 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 |
|---|---|
| Samantha Naicker | Absa Bank Limited |
| Victor Dima | Arqaam Capital Research Offshore S.A.L. |
| Niel Venter | BofA Global Research |