British American Tobacco (Zambia) Plc

LUSE:BATZ Stock Report

Market Cap: K637.4m

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 yield8.7%
Next dividend pay date14 Oct 24
Ex dividend date09 Oct 24
Dividend per shareK0.150
Earnings per shareK0.53
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodaySep 20 2024Ex Dividend DateOct 09 2024Dividend Pay DateOct 14 20245 days from Ex DividendBuy in the next 19 days to receive the upcoming dividend

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
How does BATZ dividend yield compare to the market?
SegmentDividend 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.


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