Santam Ltd Dividend yield




   ZAR/share 
 Price  254.78
 Dividend  11.11
 Earnings  19.75
 Cash-flow  39.20
 Book value  82.19
 Equity  79.96

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

Santam Ltd paid a total dividend of 1,278 million ZAR last year, for a market value of 29,300 millions (Market Cap 10,554 millions). Dividend per share of Santam Ltd is 11.11 ZAR, and his stock market price 254.78 ZAR.

According to the chart below, where dividend yield is displayed, Santam Ltd has a dividend yield of 4.36%, 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 Santam Ltd dividend yield with other Nonlife Insurance companies or firms from South Africa.

Dividend yield of Santam Ltd

Santam Ltd Dividend Payout

About the ability of Santam Ltd to maintain his current dividend of ZAR 11.11 per share, an amount that accounts for 4.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Santam Ltd payout on ernings is currently 56.25%, which is higher than the market average, and companies of Financials industry, which are 38.57% and 41.00% respectively. Both figures show that Santam Ltd 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 Santam Ltd is ZAR 39.20 per share, which is higher than the dividend per share paid by the company of ZAR 11.11, so the company generates enough cash to maintain his dividend in the future.

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

Santam Ltd payout

Santam Ltd Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present4.36%11.1156.25%115
20193.64%10.5648.78%115
20183.30%9.7864.98%115
20173.39%9.0582.72%115
20163.60%8.3939.24%115
20153.64%7.6954.23%115

*In millions

Santam Ltd Stock performance

Finally, last moth Santam Ltd showed a return of 3.80% compared to a worldwide 3.99% average, and a 3.02% of Financials firms. Over the last year, the company obtained a -12.20% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for South Africa and Nonlife Insurance firms.

Santam Ltd stock and market return