Zambia Bata Shoe Dividend
What is Zambia Bata Shoe current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
4.71%
Current Dividend Yield
Dividend Yield vs Market
| Zambia Bata Shoe Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BATA) | 4.7% |
| 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 (%) |
|---|---|---|
| 1/31/2023 | 0.12 | 4.71 |
| 5/5/2022 | 0.12 | 4.64 |
| 5/27/2021 | 0.02 | 0.77 |
| 3/19/2020 | 0.02 | 0.77 |
| 3/7/2019 | 0.1 | 4.08 |
| 3/16/2017 | 0.06 | 2.52 |
| 11/15/2016 | 0.06 | 2.46 |
| 4/10/2014 | 0.012 | 0.75 |
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.