Datatec Dividend
Dividend criteria checks 3/6
Datatec is a dividend paying company with a current yield of 3.72% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 4th December, 2024.
Key information
3.7%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 12.1% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 04 Dec 24 |
| Dividend per share | R1.500 |
| Payout ratio | 43% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DTC's dividend payments have been volatile in the past 10 years.
Growing Dividend: DTC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Datatec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DTC) | 3.7% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.7% |
| Industry Average (Electronic) | 1.8% |
| Analyst forecast (DTC) (up to 3 years) | 4.1% |
Notable Dividend: DTC's dividend (3.72%) is higher than the bottom 25% of dividend payers in the ZA market (3.17%).
High Dividend: DTC's dividend (3.72%) is low compared to the top 25% of dividend payers in the ZA market (7.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.3%), DTC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.1%), DTC's dividend payments are thoroughly covered by cash flows.