Zambia Bata Shoe Dividend
What is Zambia Bata Shoe current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Zambia Bata Shoe Dividend Yield vs Market|
|Market Bottom 25% (ZM)||4.0%|
|Market Top 25% (ZM)||10.7%|
|Industry Average (Luxury)||1.6%|
|Analyst forecast in 3 Years (BATA)||n/a|
Notable Dividend: BATA's dividend (4.71%) is higher than the bottom 25% of dividend payers in the ZM market (3.99%).
High Dividend: BATA's dividend (4.71%) is low compared to the top 25% of dividend payers in the ZM market (10.67%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: BATA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BATA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (240%), BATA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.5%), BATA's dividend payments are covered by cash flows.