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
How does BATZ dividend yield compare to the 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.