Bytes Technology Group Dividends and Buybacks

Dividend criteria checks 3/6

Bytes Technology Group is a dividend paying company with a current yield of 3.97% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 6th November, 2024.

Key information

4.0%

Dividend yield

-0.2%

Buyback Yield

Total Shareholder Yield3.8%
Future Dividend Yield4.8%
Dividend Growth38.2%
Next dividend pay date22 Nov 24
Ex dividend date06 Nov 24
Dividend per shareR4.107
Payout ratio42%

Recent dividend and buyback 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
How does BYI dividend yield compare to the market?
SegmentDividend Yield
Company (BYI)4.0%
Market Bottom 25% (ZA)3.2%
Market Top 25% (ZA)7.8%
Industry Average (Software)0.8%
Analyst forecast (BYI) (up to 3 years)4.8%

Notable Dividend: BYI's dividend (3.97%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).

High Dividend: BYI's dividend (3.97%) is low compared to the top 25% of dividend payers in the ZA market (7.79%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (42.1%), BYI's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (71.4%), BYI's dividend payments are covered by cash flows.


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