British American Tobacco (Zambia) Dividend
Dividend criteria checks 3/6
British American Tobacco (Zambia) is a dividend paying company with a current yield of 5% that is well covered by earnings. Next payment date is on 14th October, 2024 with an ex-dividend date of 9th October, 2024.
Key information
5.0%
Dividend yield
28%
Payout ratio
| Industry average yield | 8.7% |
| Next dividend pay date | 14 Oct 24 |
| Ex dividend date | 09 Oct 24 |
| Dividend per share | K0.150 |
| Earnings per share | K0.53 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BATZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: BATZ's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| British American Tobacco (Zambia) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BATZ) | 5.0% |
| Market Bottom 25% (ZM) | 4.1% |
| Market Top 25% (ZM) | 9.2% |
| Industry Average (Tobacco) | 8.7% |
| Analyst forecast (BATZ) (up to 3 years) | n/a |
Notable Dividend: BATZ's dividend (5%) is higher than the bottom 25% of dividend payers in the ZM market (4.14%).
High Dividend: BATZ's dividend (5%) is low compared to the top 25% of dividend payers in the ZM market (9.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.4%), BATZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.7%), BATZ's dividend payments are well covered by cash flows.