08-31-2023
| ZAR/share | |
| Price | 120.32 |
| Dividend | 3.30 |
| Earnings | 13.52 |
| Cash-flow | 36.46 |
| Book value | 63.33 |
| Equity | 60.63 |
MTN Group is part of Mobile Telecommunications business, which is part of Telecommunications industry. MTN Group is a company from South Africa, and his stocks are publicly traded.
MTN Group stock dividend
MTN Group paid a total dividend of 6,217 million ZAR last year, for a market value of 226,683 millions (Market Cap 216,876 millions). MTN Group dividend per share is 3.30 ZAR, and his stock market price 120.32 ZAR.
According to the chart below, where dividend yield is displayed, MTN Group has a dividend yield of 2.74%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Telecommunications industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare MTN Group stocks dividend with other Mobile Telecommunications companies or other of the high South Africa dividend stocks list.
MTN Group Dividend Payout
About the ability of MTN Group to maintain his current dividend of ZAR 3.30 per share, an amount that accounts for 2.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). MTN Group payout on ernings is currently 24.41%, which is lower than the market average and companies of Telecommunications industry, which are 39.34% and 41.86% respectively. Both figures lead us to believe that there is confidence that MTN Groupcan 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 MTN Group is ZAR 36.46 per share, which is higher than the dividend per share paid by the company of ZAR 3.30, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of MTN Group, compared againt world market average, South Africa companies, Telecommunications industry and Mobile Telecommunications sector companies.
MTN Group Dividend History
Below you will find a table with the historical evolution of MTN Group'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 | 2.74% | 3.30 | 24.41% | 1,884 |
| 2022 | 2.36% | 3.00 | 28.28% | 1,884 |
| 2021 | 0.00% | 0.00 | 0.00% | 1,884 |
| 2020 | 9.14% | 5.50 | 73.14% | 1,884 |
| 2019 | 6.30% | 5.20 | 73.14% | 1,884 |
| 2018 | 7.02% | 6.25 | 132.14% | 1,884 |
| 2017 | 5.12% | 6.99 | 0.00% | 1,884 |
| 2016 | 9.54% | 10.80 | 83.01% | 1,848 |
| 2015 | 8.82% | 12.80 | 67.02% | 1,848 |
*In millions
Then you can see the evolution of MTN Group dividend stock, and compare it with the average of South Africa stocks and that of the Mobile Telecommunications stocks.
MTN Group Stock performance
Finally, last moth MTN Group showed a return of -14.10% compared to a worldwide -2.49% average, and a -0.77% of Telecommunications firms. Over the last year, the company obtained a -3.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Mobile Telecommunications firms.
