Santam Ltd

JSE:SNT Stock Report

Market Cap: R40.9b

Santam Dividends and Buybacks

Dividend criteria checks 4/6

Santam is a dividend paying company with a current yield of 4.49% that is well covered by earnings.

Key information

4.5%

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield4.8%
Future Dividend Yield6.0%
Dividend Growth7.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio45%

Recent dividend and buyback updates

Analysis Article Sep 04

Santam (JSE:SNT) Has Announced A Dividend Of ZAR5.90

Santam Ltd ( JSE:SNT ) has announced that it will pay a dividend of ZAR5.90 per share on the 22nd of September. Based...
Analysis Article Mar 07

Santam (JSE:SNT) Will Pay A Larger Dividend Than Last Year At ZAR9.85

Santam Ltd's ( JSE:SNT ) dividend will be increasing from last year's payment of the same period to ZAR9.85 on 24th of...
Analysis Article Sep 01

Santam (JSE:SNT) Will Pay A Dividend Of ZAR5.35

The board of Santam Ltd ( JSE:SNT ) has announced that it will pay a dividend of ZAR5.35 per share on the 23rd of...

Recent updates

Analysis Article May 21

Santam (JSE:SNT) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
New Narrative Apr 07

Soft Pricing, Tech Demands And Weather Risks Will Shape Insurance Margins Going Forward

Catalysts About Santam Santam is a South African based short term insurer with operations across intermediated, direct and reinsurance channels, and a growing international footprint including a Lloyd's syndicate and an India hub. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 23

Global Lloyd’s Platform And New Partnerships Will Reshape Future Earnings Quality

Catalysts About Santam Santam is a South African based short term insurer with growing direct, reinsurance and international operations, including a Lloyd's syndicate and partnerships across Africa and India. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 09

International Buildout And Ecosystem Partnerships Will Reshape Earnings Mix Over The Long Term

Catalysts About Santam Santam is a South African based short-term insurer with a growing international and reinsurance footprint across specialist, direct and partnership channels. What are the underlying business or industry changes driving this perspective?
Analysis Article Dec 19

Risks To Shareholder Returns Are Elevated At These Prices For Santam Ltd (JSE:SNT)

Santam Ltd's ( JSE:SNT ) price-to-earnings (or "P/E") ratio of 12x might make it look like a sell right now compared to...
Analysis Article Sep 04

Santam (JSE:SNT) Has Announced A Dividend Of ZAR5.90

Santam Ltd ( JSE:SNT ) has announced that it will pay a dividend of ZAR5.90 per share on the 22nd of September. Based...
Analysis Article Aug 05

Do Santam's (JSE:SNT) Earnings Warrant Your Attention?

JSE:SNT 1 Year Share Price vs Fair Value Explore Santam's Fair Values from the Community and select yours For...
Analysis Article Jul 10

Santam Ltd's (JSE:SNT) Price Is Out Of Tune With Earnings

With a price-to-earnings (or "P/E") ratio of 12.9x Santam Ltd ( JSE:SNT ) may be sending bearish signals at the moment...
Analysis Article May 24

It Looks Like The CEO Of Santam Ltd (JSE:SNT) May Be Underpaid Compared To Peers

Key Insights Santam to hold its Annual General Meeting on 30th of May Salary of R8.00m is part of CEO Tava Madzinga's...
Analysis Article May 03

Here's Why Santam (JSE:SNT) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Mar 07

Santam (JSE:SNT) Will Pay A Larger Dividend Than Last Year At ZAR9.85

Santam Ltd's ( JSE:SNT ) dividend will be increasing from last year's payment of the same period to ZAR9.85 on 24th of...
Analysis Article Jan 22

Here's Why We Think Santam (JSE:SNT) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 10

Santam Ltd's (JSE:SNT) Share Price Could Signal Some Risk

With a price-to-earnings (or "P/E") ratio of 14.7x Santam Ltd ( JSE:SNT ) may be sending bearish signals at the moment...
Analysis Article Sep 01

Santam (JSE:SNT) Will Pay A Dividend Of ZAR5.35

The board of Santam Ltd ( JSE:SNT ) has announced that it will pay a dividend of ZAR5.35 per share on the 23rd of...
Analysis Article Jun 19

Santam Ltd's (JSE:SNT) Shareholders Might Be Looking For Exit

When close to half the companies in South Africa have price-to-earnings ratios (or "P/E's") below 8x, you may consider...
Analysis Article Apr 10

Should You Be Adding Santam (JSE:SNT) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 03

Santam (JSE:SNT) Will Pay A Dividend Of ZAR9.05

Santam Ltd ( JSE:SNT ) will pay a dividend of ZAR9.05 on the 25th of March. Based on this payment, the dividend yield...
Analysis Article Dec 29

Santam Ltd's (JSE:SNT) Shares May Have Run Too Fast Too Soon

Santam Ltd's ( JSE:SNT ) price-to-earnings (or "P/E") ratio of 12x might make it look like a sell right now compared to...
Analysis Article Oct 16

Is Now The Time To Put Santam (JSE:SNT) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 22

Santam's (JSE:SNT) Upcoming Dividend Will Be Larger Than Last Year's

Santam Ltd ( JSE:SNT ) will increase its dividend from last year's comparable payment on the 9th of October to...
Analysis Article Sep 06

Santam (JSE:SNT) Is Paying Out A Larger Dividend Than Last Year

Santam Ltd ( JSE:SNT ) has announced that it will be increasing its periodic dividend on the 26th of September to...
Analysis Article Mar 19

Santam Ltd's (JSE:SNT) Dismal Stock Performance Reflects Weak Fundamentals

Santam (JSE:SNT) has had a rough month with its share price down 7.3%. We decided to study the company's financials to...
Analysis Article Feb 18

What Kind Of Shareholders Own Santam Ltd (JSE:SNT)?

The big shareholder groups in Santam Ltd ( JSE:SNT ) have power over the company. Insiders often own a large chunk of...
Analysis Article Jan 28

Did You Participate In Any Of Santam's (JSE:SNT) Respectable 86% Return?

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Analysis Article Dec 21

How Much Are Santam Ltd (JSE:SNT) Insiders Spending On Buying Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
Analysis Article Dec 02

Should Weakness in Santam Ltd's (JSE:SNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

With its stock down 3.3% over the past week, it is easy to disregard Santam (JSE:SNT). But if you pay close attention...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SNT's dividend payments have been volatile in the past 10 years.

Growing Dividend: SNT's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Santam Dividend Yield vs Market
How does SNT dividend yield compare to the market?
SegmentDividend Yield
Company (SNT)4.5%
Market Bottom 25% (ZA)3.0%
Market Top 25% (ZA)7.6%
Industry Average (Insurance)4.1%
Analyst forecast (SNT) (up to 3 years)6.0%

Notable Dividend: SNT's dividend (4.49%) is higher than the bottom 25% of dividend payers in the ZA market (2.98%).

High Dividend: SNT's dividend (4.49%) is low compared to the top 25% of dividend payers in the ZA market (7.64%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.2%), SNT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (78%), SNT's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 05:34
End of Day Share Price 2026/05/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Santam Ltd is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Adrienne DamantAvior Capital Markets
Robert RiceBarclays