Foschini Group Dividend
Dividend criteria checks 2/6
Foschini Group is a dividend paying company with a current yield of 2.59% that is well covered by earnings.
Key information
2.6%
Dividend yield
37%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | R3.500 |
Earnings per share | R9.33 |
Dividend yield forecast in 3Y | 4.0% |
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 |
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Segment | Dividend Yield |
---|---|
Company (TFG) | 2.6% |
Market Bottom 25% (ZA) | 3.5% |
Market Top 25% (ZA) | 8.5% |
Industry Average (Specialty Retail) | 3.9% |
Analyst forecast in 3 Years (TFG) | 4.0% |
Notable Dividend: TFG's dividend (2.59%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.45%).
High Dividend: TFG's dividend (2.59%) is low compared to the top 25% of dividend payers in the ZA market (8.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), TFG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.8%), TFG's dividend payments are thoroughly covered by cash flows.