Firstrand Limited Dividend yield




   ZAR/share 
 Price  64.51
 Dividend  1.10
 Earnings  4.81
 Cash-flow  -3.77
 Book value  26.88
 Equity  25.18

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

Firstrand Limited paid a total dividend of 6,171 million ZAR last year, for a market value of 361,901 millions (Market Cap 316,273 millions). Dividend per share of Firstrand Limited is 1.10 ZAR, and his stock market price 64.51 ZAR.

According to the chart below, where dividend yield is displayed, Firstrand Limited has a dividend yield of 1.71%, 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 Firstrand Limited dividend yield with other Banks companies or firms from South Africa.

Dividend yield of Firstrand Limited

Firstrand Limited Dividend Payout

About the ability of Firstrand Limited to maintain his current dividend of ZAR 1.10 per share, an amount that accounts for 1.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Firstrand Limited payout on ernings is currently 22.87%, which is lower than the market average and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures lead us to believe that there is confidence that Firstrand Limitedcan maintain his current dividend.

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 Firstrand Limited is ZAR -3.77 per share, which is lower than the dividend per share paid by the company of ZAR 1.10, so the company does not generate enough cash to maintain his dividend in the future.

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

Firstrand Limited payout

Firstrand Limited Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present1.71%1.1022.87%5,610
20205.84%2.9895.82%5,610
20194.63%2.9153.79%5,610
20184.19%2.7558.76%5,610
20173.79%2.5559.16%5,610
20164.48%2.2657.22%5,614
20154.47%2.1055.85%5,614

*In millions

Firstrand Limited Stock performance

Finally, last moth Firstrand Limited showed a return of 4.20% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a 56.50% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for South Africa and Banks firms.

Firstrand Limited stock and market return