Zambia Sugar Dividend
What is Zambia Sugar current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
5.25%
Current Dividend Yield
Dividend Yield vs Market
| Zambia Sugar Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ZSUG) | 5.2% |
| Market Bottom 25% (ZM) | 4.0% |
| Market Top 25% (ZM) | 10.7% |
| Industry Average (Food) | 4.7% |
| Analyst forecast in 3 Years (ZSUG) | n/a |
Notable Dividend: ZSUG's dividend (5.25%) is higher than the bottom 25% of dividend payers in the ZM market (3.99%).
High Dividend: ZSUG's dividend (5.25%) is low compared to the top 25% of dividend payers in the ZM market (10.74%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 2/4/2023 | 0.94 | 5.25 |
| 12/2/2022 | 0.94 | 5.25 |
| 10/30/2020 | 0.24 | 4.13 |
| 11/6/2019 | 0.08 | 3.2 |
| 12/16/2016 | - | 0 |
| 7/23/2016 | - | 0 |
| 5/11/2016 | - | 0 |
| 12/1/2015 | - | 0 |
| 8/5/2015 | 0.23 | 4.6 |
| 5/12/2015 | 0.23 | 4.29 |
| 6/20/2014 | 0.2 | 3.06 |
| 5/12/2014 | 0.2 | 2.93 |
| 7/30/2013 | 0.22 | 3.3 |
| 5/10/2013 | 0.22 | 3.45 |
| 5/4/2012 | 0.2 | 3.83 |
Stable Dividend: ZSUG's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZSUG's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), ZSUG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.1%), ZSUG's dividend payments are well covered by cash flows.