Remgro Dividend yield

Remgro is part of Financial Services business, which is part of Financials industry. Remgro is a company from South Africa, and his stocks are publicly traded.

Remgro stock dividend

Remgro paid a total dividend of 952 million ZAR last year, for a market value of 83,608 millions (Market Cap 80,156 millions). Remgro dividend per share is 1.80 ZAR, and his stock market price 158.05 ZAR.

According to the chart below, where dividend yield is displayed, Remgro has a dividend yield of 1.14%, 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 Remgro stocks dividend with other Financial Services companies or other of the best South Africa dividend stocks list.

Remgro Dividend Payout

About the ability of Remgro to maintain his current dividend of ZAR 1.80 per share, an amount that accounts for 1.14%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Remgro payout on ernings is currently 7.52%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Remgrocan 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 Remgro is ZAR 13.74 per share, which is higher than the dividend per share paid by the company of ZAR 1.80, so the company generates enough cash to maintain his dividend in the future.

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

Remgro Dividend History

Below you will find a table with the historical evolution of Remgro'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	1.14%	1.80	7.52%	529
2022	1.13%	1.50	6.20%	529
2021	0.69%	0.90	12.62%	529
2020	2.75%	2.65	-94.98%	529
2019	2.89%	5.64	0.00%	529
2018	2.73%	5.32	33.06%	529
2017	2.10%	4.96	33.00%	529
2016	2.12%	4.43	45.76%	529
2015	1.65%	4.28	25.06%	481

*In millions

Then you can see the evolution of Remgro dividend stock, and compare it with the average of South Africa stocks and that of the Financial Services stocks.

Remgro Stock performance

Finally, last moth Remgro showed a return of -1.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 26.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Financial Services firms.