Sappi Limited

JSE:SAP Stock Report

Market Cap: R9.1b

Sappi Dividends and Buybacks

Dividend criteria checks 0/6

Sappi does not have a record of paying a dividend.

Key information

n/a

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield8.8%
Dividend Growth0.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio88%

Recent dividend and buyback updates

Recent updates

Analysis Article Jan 29

Sappi Limited's (JSE:SAP) CEO Might Not Expect Shareholders To Be So Generous This Year

Key Insights Sappi to hold its Annual General Meeting on 4th of February CEO Steve Binnie's total compensation includes...
Analysis Article Jan 17

Many Still Looking Away From Sappi Limited (JSE:SAP)

Sappi Limited's ( JSE:SAP ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing investment...
Narrative Update Dec 09

SAP: Joint Venture And Dividend Pause Will Improve Long-Term Profitability

Analysts have slightly reduced their price target for Sappi, trimming it by approximately $0.13 as they factor in somewhat slower expected revenue growth that is largely offset by modestly improved profit margin and valuation assumptions. What's in the News UPM and Sappi announced an intended graphic paper joint venture that would combine UPM Communication Papers with Sappi Europe’s graphic paper business, aiming to improve growth, margins, and capital efficiency while reducing direct exposure to declining European and North American graphic paper markets (Key Developments).
Analysis Article Nov 21

Is Sappi (JSE:SAP) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Narrative Update Nov 03

SAP: Future Profit Margins Will Drive Positive Momentum In The Market

Analysts have adjusted their price target for Sappi downward from $39.80 to $38.77. They cite marginally lower fair value estimates based on slight changes in projected growth and profitability metrics.
Narrative Update Oct 20

Sustainable Packaging Trends Will Transform Future Markets

Analysts have lowered their price target for Sappi from $41.17 to $39.80. This reflects modest adjustments in the company's projected fair value and future profitability.
Analysis Article Oct 07

Investors Give Sappi Limited (JSE:SAP) Shares A 29% Hiding

Sappi Limited ( JSE:SAP ) shareholders that were waiting for something to happen have been dealt a blow with a 29...
Narrative Update Oct 05

Sustainable Packaging Trends Will Transform Future Markets

Analysts have lowered their price target for Sappi from $42.69 to $41.17. They cite slightly softer revenue growth projections, although profit margins and discount rates are expected to remain stable.
Analysis Article Aug 15

Shareholders Can Be Confident That Sappi's (JSE:SAP) Earnings Are High Quality

The subdued stock price reaction suggests that Sappi Limited's ( JSE:SAP ) strong earnings didn't offer any surprises...
Analysis Article Aug 01

Cautious Investors Not Rewarding Sappi Limited's (JSE:SAP) Performance Completely

With a price-to-sales (or "P/S") ratio of 0.2x Sappi Limited ( JSE:SAP ) may be sending bullish signals at the moment...
Analysis Article Jun 13

Is Sappi (JSE:SAP) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article May 07

Sappi (JSE:SAP) Is Doing The Right Things To Multiply Its Share Price

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
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New Narrative Mar 14

Gratkorn And Somerset Projects Will Boost Production Capacity

Completion of significant projects and strong pulp demand are expected to enhance production capabilities and drive revenue growth.
Analysis Article Mar 05

Sappi Limited (JSE:SAP) Investors Are Less Pessimistic Than Expected

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Forestry industry in South Africa, you could be...
Analysis Article Feb 06

Sappi (JSE:SAP) Seems To Be Using A Lot Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 09

Be Wary Of Sappi (JSE:SAP) And Its Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on...
Analysis Article Nov 14

We Think That There Are More Issues For Sappi (JSE:SAP) Than Just Sluggish Earnings

Sappi Limited's ( JSE:SAP ) stock showed strength, with investors undeterred by its weak earnings report. We think that...
Analysis Article Oct 15

Subdued Growth No Barrier To Sappi Limited's (JSE:SAP) Price

There wouldn't be many who think Sappi Limited's ( JSE:SAP ) price-to-sales (or "P/S") ratio of 0.3x is worth a mention...
Analysis Article Sep 17

Sappi (JSE:SAP) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 27

Unpleasant Surprises Could Be In Store For Sappi Limited's (JSE:SAP) Shares

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Forestry industry in South Africa, you could be...
Analysis Article May 23

Does Sappi (JSE:SAP) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 12

Why We're Not Concerned About Sappi Limited's (JSE:SAP) Share Price

There wouldn't be many who think Sappi Limited's ( JSE:SAP ) price-to-sales (or "P/S") ratio of 0.3x is worth a mention...
Analysis Article Feb 01

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Sappi Limited's (JSE:SAP) CEO For Now

Key Insights Sappi to hold its Annual General Meeting on 7th of February Salary of US$532.6k is part of CEO Steve...
Analysis Article Dec 21

Sappi's (JSE:SAP) Shareholders Have More To Worry About Than Only Soft Earnings

The subdued market reaction suggests that Sappi Limited's ( JSE:SAP ) recent earnings didn't contain any surprises...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if SAP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SAP's dividend payments have been increasing.


Dividend Yield vs Market

Sappi Dividend Yield vs Market
How does SAP dividend yield compare to the market?
SegmentDividend Yield
Company (SAP)n/a
Market Bottom 25% (ZA)2.9%
Market Top 25% (ZA)7.8%
Industry Average (Forestry)2.9%
Analyst forecast (SAP) (up to 3 years)8.8%

Notable Dividend: Unable to evaluate SAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SAP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: SAP is not paying a notable dividend for the ZA market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SAP has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 04:48
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

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.

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

Sappi Limited is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brent MadelAbsa Bank Limited
Sean UngererArqaam Capital Research Offshore S.A.L.
Caroline LearmonthBarclays