Sanlam Dividend yield

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

Sanlam stock dividend

Sanlam paid a total dividend of 8,017 million ZAR last year, for a market value of 151,770 millions (Market Cap 119,260 millions). Sanlam dividend per share is 3.60 ZAR, and his stock market price 68.15 ZAR.

According to the chart below, where dividend yield is displayed, Sanlam has a dividend yield of 5.28%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Sanlam stocks dividend with other Life Insurance companies or other of the high South Africa dividend stocks list.

Sanlam Dividend Payout

About the ability of Sanlam to maintain his current dividend of ZAR 3.60 per share, an amount that accounts for 5.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sanlam payout on ernings is currently 66.06%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Sanlam 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 Sanlam is ZAR 6.88 per share, which is higher than the dividend per share paid by the company of ZAR 3.60, so the company generates enough cash to maintain his dividend in the future.

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

Sanlam Dividend History

Below you will find a table with the historical evolution of Sanlam'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	5.28%	3.60	66.06%	2,227
2022	6.86%	3.34	69.29%	2,227
2021	5.05%	3.00	159.57%	2,227
2020	5.69%	3.34	86.98%	2,227
2019	3.94%	3.12	59.54%	2,343
2018	3.63%	2.90	57.43%	2,232
2017	3.08%	2.68	58.26%	2,167
2016	3.97%	2.45	54.44%	2,167
2015	3.65%	2.25	54.48%	2,167

*In millions

Then you can see the evolution of Sanlam dividend stock, and compare it with the average of South Africa stocks and that of the Life Insurance stocks.

Sanlam Stock performance

Finally, last moth Sanlam showed a return of 3.60% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 27.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Life Insurance firms.