Foschini Group Dividend

Dividend criteria checks 2/6

Foschini Group is a dividend paying company with a current yield of 2.94% that is well covered by earnings. Next payment date is on 22nd July, 2024 with an ex-dividend date of 17th July, 2024.

Key information

2.9%

Dividend yield

37%

Payout ratio

Industry average yield4.2%
Next dividend pay date22 Jul 24
Ex dividend date17 Jul 24
Dividend per sharen/a
Earnings per shareR9.40
Dividend yield forecast in 3Y4.2%

Recent dividend updates

Recent updates

The Foschini Group Limited's (JSE:TFG) Share Price Not Quite Adding Up

Apr 13
The Foschini Group Limited's (JSE:TFG) Share Price Not Quite Adding Up

Should You Think About Buying The Foschini Group Limited (JSE:TFG) Now?

Mar 29
Should You Think About Buying The Foschini Group Limited (JSE:TFG) Now?

Upcoming Dividend Payment

TodayJun 18 2024Ex Dividend DateJul 17 2024Dividend Pay DateJul 22 20245 days from Ex DividendBuy in the next 29 days to receive the upcoming dividend

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
How does TFG dividend yield compare to the market?
SegmentDividend Yield
Company (TFG)2.9%
Market Bottom 25% (ZA)3.7%
Market Top 25% (ZA)9.1%
Industry Average (Specialty Retail)4.2%
Analyst forecast in 3 Years (TFG)4.2%

Notable Dividend: TFG's dividend (2.94%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.7%).

High Dividend: TFG's dividend (2.94%) is low compared to the top 25% of dividend payers in the ZA market (9.16%).


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 (14.7%), TFG's dividend payments are thoroughly covered by cash flows.


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