Afrimat Dividends and Buybacks
Dividend criteria checks 2/6
Afrimat is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R1.940 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Afrimat (JSE:AFT) Has Gifted Shareholders With A Fantastic 119% Total Return On Their Investment
Mar 04
Have Afrimat Limited (JSE:AFT) Insiders Been Selling Their Stock?
Feb 18
Afrimat (JSE:AFT) Has A Rock Solid Balance Sheet
Feb 16How Many Afrimat Limited (JSE:AFT) Shares Have Insiders Sold, In The Last Year?
Feb 04Is Afrimat Limited's (JSE:AFT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 25What Type Of Shareholders Own The Most Number of Afrimat Limited (JSE:AFT) Shares?
Jan 14Is Afrimat Limited (JSE:AFT) A Smart Pick For Income Investors?
Jan 04What Can We Make Of Afrimat's (JSE:AFT) CEO Compensation?
Dec 24Can Afrimat (JSE:AFT) Prolong Its Impressive Returns?
Dec 14Here's Why I Think Afrimat (JSE:AFT) Is An Interesting Stock
Dec 02Be Sure To Check Out Afrimat Limited (JSE:AFT) Before It Goes Ex-Dividend
Nov 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFT's dividend payments have been volatile in the past 10 years.
Growing Dividend: AFT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Afrimat Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFT) | 2.8% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.8% |
| Industry Average (Basic Materials) | 4.3% |
| Analyst forecast (AFT) (up to 3 years) | 5.4% |
Notable Dividend: AFT's dividend (2.8%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.19%).
High Dividend: AFT's dividend (2.8%) is low compared to the top 25% of dividend payers in the ZA market (7.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), AFT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AFT is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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 |
|
* 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
Afrimat Limited is covered by 4 analysts. 2 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 |
|---|---|
| Hugan Chetty | Afrifocus Securities (Pty) Ltd. |
| Rowan Goeller | Chronux Research |
| Rowan Goeller | Macquarie Research |