Discovery Ltd Dividend yield




   ZAR/share 
 Price  153.54
 Dividend  2.15
 Earnings  1.90
 Cash-flow  28.43
 Book value  63.98
 Equity  63.33

Discovery Ltd is part of Life Insurance business, which is part of Financials industry. Discovery Ltd is a company from South Africa, and his stocks are publicly traded.

Discovery Ltd paid a total dividend of 1,415 million ZAR last year, for a market value of 101,029 millions (Market Cap 61,989 millions). Dividend per share of Discovery Ltd is 2.15 ZAR, and his stock market price 153.54 ZAR.

According to the chart below, where dividend yield is displayed, Discovery Ltd has a dividend yield of 1.40%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Discovery Ltd dividend yield with other Life Insurance companies or firms from South Africa.

Dividend yield of Discovery Ltd

Discovery Ltd Dividend Payout

About the ability of Discovery Ltd to maintain his current dividend of ZAR 2.15 per share, an amount that accounts for 1.40%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Discovery Ltd payout on ernings is currently 113.16%, which is higher than the market average, and companies of Financials industry, which are 38.57% and 41.00% respectively. Both figures show that Discovery 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 Discovery Ltd is ZAR 28.43 per share, which is higher than the dividend per share paid by the company of ZAR 2.15, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Discovery Ltd, compared againt world market average, South Africa companies, Financials industry and Life Insurance sector companies.

Discovery Ltd payout

Discovery Ltd Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present1.40%2.15113.16%658
20191.78%2.1519.60%658
20181.35%2.1623.13%657
20171.00%1.8624.60%647
20161.58%1.7626.99%643
20151.16%1.6718.51%643

*In millions

Discovery Ltd Stock performance

Finally, last moth Discovery Ltd showed a return of 24.60% compared to a worldwide 3.99% average, and a 3.02% of Financials firms. Over the last year, the company obtained a 27.30% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for South Africa and Life Insurance firms.

Discovery Ltd stock and market return