Absa Group Limited Dividend yield

Absa Group Limited is part of Banks business, which is part of Financials industry. Absa Group Limited is a company from South Africa, and his stocks are publicly traded.

Absa Group Limited stock dividend

Absa Group Limited paid a total dividend of 11,024 million ZAR last year, for a market value of 154,582 millions (Market Cap 150,750 millions). Absa Group Limited dividend per share is 13.00 ZAR, and his stock market price 182.29 ZAR.

According to the chart below, where dividend yield is displayed, Absa Group Limited has a dividend yield of 7.13%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Absa Group Limited stocks dividend with other Banks companies or other of the high South Africa dividend stocks list.

Absa Group Limited Dividend Payout

About the ability of Absa Group Limited to maintain his current dividend of ZAR 13.00 per share, an amount that accounts for 7.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Absa Group Limited payout on ernings is currently 47.78%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Absa Group Limited can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Absa Group Limited is ZAR 121.53 per share, which is higher than the dividend per share paid by the company of ZAR 13.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Absa Group Limited, compared againt world market average, South Africa companies, Financials industry and Banks sector companies.

Absa Group Limited Dividend History

Below you will find a table with the historical evolution of Absa Group Limited's dividend stock, both in percentage and in ZAR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	ZAR	Paypout	Shares*
Present	7.13%	13.00	47.78%	848
2022	5.80%	11.25	46.99%	848
2021	2.03%	3.10	33.33%	848
2020	9.39%	11.25	61.01%	848
2019	7.54%	11.26	64.86%	848
2018	6.70%	10.84	63.65%	848

*In millions

Absa Group Limited Stock performance

Finally, last moth Absa Group Limited showed a return of -3.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 2.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Banks firms.