BidCorp Ltd Dividend yield




   ZAR/share 
 Price  424.83
 Dividend  8.41
 Earnings  20.93
 Cash-flow  31.24
 Book value  118.01
 Equity  105.18

BidCorp Ltd is part of Food and Drug Retailers business, which is part of Consumer Services industry. BidCorp Ltd is a company from South Africa, and his stocks are publicly traded.

BidCorp Ltd stock dividend

BidCorp Ltd paid a total dividend of 2,817 million ZAR last year, for a market value of 142,318 millions (Market Cap 141,207 millions). BidCorp Ltd dividend per share is 8.41 ZAR, and his stock market price 424.83 ZAR.

According to the chart below, where dividend yield is displayed, BidCorp Ltd has a dividend yield of 1.98%, which is lower than the amount offered by the market average , but bigger than Consumer Services industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare BidCorp Ltd stocks dividend with other Food and Drug Retailers companies or other of the highest South Africa dividend stocks list.

Dividend yield of BidCorp Ltd

BidCorp Ltd Dividend Payout

About the ability of BidCorp Ltd to maintain his current dividend of ZAR 8.41 per share, an amount that accounts for 1.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). BidCorp Ltd payout on ernings is currently 40.18%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that BidCorp Ltd 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 BidCorp Ltd is ZAR 31.24 per share, which is higher than the dividend per share paid by the company of ZAR 8.41, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of BidCorp Ltd, compared againt world market average, South Africa companies, Consumer Services industry and Food and Drug Retailers sector companies.

BidCorp Ltd payout

BidCorp Ltd Dividend History

Below you will find a table with the historical evolution of BidCorp Ltd'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* 
Present1.98%8.4140.18%335
20222.12%6.9947.45%335
20211.23%4.0243.23%335
20202.51%6.60165.41%335
20191.94%6.4150.67%335
20182.11%5.5950.82%335
20171.66%5.0040.03%335
20160.98%2.4223.45%338

*In millions

BidCorp Ltd Stock performance

Finally, last moth BidCorp Ltd showed a return of 0.30% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 30.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Food and Drug Retailers firms.

BidCorp Ltd stock and market return