Zambia Bata Shoe Company plc

LUSE:BATA Stock Report

Mkt Cap: K194.1m

Zambia Bata Shoe Dividend

What is Zambia Bata Shoe current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend 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
How does BATA dividend yield compare to the market?
SegmentDividend 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

How stable has Zambia Bata Shoe's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/31/20230.124.71
5/5/20220.124.64
5/27/20210.020.77
3/19/20200.020.77
3/7/20190.14.08
3/16/20170.062.52
11/15/20160.062.46
4/10/20140.0120.75

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.


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