Foschini Group Dividends and Buybacks
Dividend criteria checks 2/6
Foschini Group is a dividend paying company with a current yield of 2.07% that is well covered by earnings. Next payment date is on 6th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
2.1%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -7.5% |
| Next dividend pay date | 06 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | R3.500 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: TFG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Foschini Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TFG) | 2.1% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.1% |
| Industry Average (Specialty Retail) | 3.0% |
| Analyst forecast (TFG) (up to 3 years) | 3.3% |
Notable Dividend: TFG's dividend (2.07%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.24%).
High Dividend: TFG's dividend (2.07%) is low compared to the top 25% of dividend payers in the ZA market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), TFG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.8%), TFG's dividend payments are well covered by cash flows.