|ZAR per share|
Remgro paid a total dividend of 2,338 million ZAR last year, for a market capitalization of 118,126 millions. Dividend per share of Remgro is 4.42 ZAR, and his stock market price 223.30 ZAR.
According to the chart below, where dividend yield is displayed, Remgro has a dividend yield of 1.98%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of Remgro to maintain his current dividend of ZAR 4.42 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). Remgro payout on ernings is currently 45.71%, which is higher than the market average, and companies of Industrials industry, which are 40.24% and 36.79% respectively. Both figures show that Remgro 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 latter amount the one which can be distributed to shareholders. Cash flow per share of Remgro is ZAR 6.71 per share, which is higher than the dividend per share paid by the company of ZAR 4.42, 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, Industrials industry and General Industrials sector companies. You might also need to check full financial report of Remgro.
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