Bytes Technology Group Dividend
Dividend criteria checks 2/6
Bytes Technology Group is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.1%
Dividend yield
42%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R0.18 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BYI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BYI's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Bytes Technology Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BYI) | 3.1% |
Market Bottom 25% (ZA) | 4.0% |
Market Top 25% (ZA) | 9.0% |
Industry Average (Software) | 0.8% |
Analyst forecast in 3 Years (BYI) | 2.5% |
Notable Dividend: BYI's dividend (3.13%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (4.02%).
High Dividend: BYI's dividend (3.13%) is low compared to the top 25% of dividend payers in the ZA market (9.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), BYI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.7%), BYI's dividend payments are covered by cash flows.