Oceana Group Dividends and Buybacks
Dividend criteria checks 3/6
Oceana Group is a dividend paying company with a current yield of 7.36% that is well covered by earnings.
Key information
7.4%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 8.4% |
| Dividend Growth | 7.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R4.950 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Oceana Group's (JSE:OCE) Dividend Will Be ZAR1.95
Jun 13
Oceana Group (JSE:OCE) Is Increasing Its Dividend To ZAR3.05
Dec 05Recent updates
Oceana Group's (JSE:OCE) Dividend Will Be ZAR1.95
Jun 13Oceana Group (JSE:OCE) Is Increasing Its Dividend To ZAR3.05
Dec 05Oceana Group (JSE:OCE) Has Announced That It Will Be Increasing Its Dividend To ZAR1.30
Jun 18Industry Analysts Just Upgraded Their Oceana Group Limited (JSE:OCE) Revenue Forecasts By 14%
Jun 09Oceana Group Limited Just Beat EPS By 18%: Here's What Analysts Think Will Happen Next
Dec 10Oceana Group Limited (JSE:OCE) Analysts Just Cut Their EPS Forecasts Substantially
Jun 22Oceana Group (JSE:OCE) Is Paying Out Less In Dividends Than Last Year
Jun 08Oceana Group (JSE:OCE) Has A Somewhat Strained Balance Sheet
Mar 16Oceana Group's (JSE:OCE) Returns On Capital Are Heading Higher
Feb 01Shareholders May Find It Hard To Justify Increasing Oceana Group Limited's (JSE:OCE) CEO Compensation For Now
Mar 17Key Things To Consider Before Buying Oceana Group Limited (JSE:OCE) For Its Dividend
Mar 16What Can The Trends At Oceana Group (JSE:OCE) Tell Us About Their Returns?
Mar 01What Is The Ownership Structure Like For Oceana Group Limited (JSE:OCE)?
Feb 14
Need To Know: Oceana Group Limited (JSE:OCE) Insiders Have Been Buying Shares
Feb 03Oceana Group Limited's (JSE:OCE) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
Jan 19Does Oceana Group (JSE:OCE) Have A Healthy Balance Sheet?
Jan 05Is It Worth Considering Oceana Group Limited (JSE:OCE) For Its Upcoming Dividend?
Dec 24What Did Oceana Group's (JSE:OCE) CEO Take Home Last Year?
Dec 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OCE's dividend payments have been volatile in the past 10 years.
Growing Dividend: OCE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Oceana Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OCE) | 7.4% |
| Market Bottom 25% (ZA) | 3.3% |
| Market Top 25% (ZA) | 7.8% |
| Industry Average (Food) | 4.4% |
| Analyst forecast (OCE) (up to 3 years) | 8.4% |
Notable Dividend: OCE's dividend (7.36%) is higher than the bottom 25% of dividend payers in the ZA market (3.32%).
High Dividend: OCE's dividend (7.36%) is low compared to the top 25% of dividend payers in the ZA market (7.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.7%), OCE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (375.9%), OCE's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 09:49 |
| End of Day Share Price | 2025/01/31 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 |
| |
| Management | 10 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Oceana Group 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 |
|---|---|
| Detlef Winckelmann | Arqaam Capital Research Offshore S.A.L. |
| Paul Henri Steegers | BofA Global Research |
| Marcelle Jankelow | Citigroup Inc |