Sappi Dividend yield

Sappi is part of Forestry and Paper business, which is part of Basic Materials industry. Sappi is a company from South Africa, and his stocks are publicly traded.

Sappi stock dividend

Sappi paid a total dividend of 1,511 million ZAR last year, for a market value of 22,702 millions (Market Cap 22,593 millions). Sappi dividend per share is 2.67 ZAR, and his stock market price 40.11 ZAR.

According to the chart below, where dividend yield is displayed, Sappi has a dividend yield of 6.66%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Basic Materials 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 Sappi stocks dividend with other Forestry and Paper companies or other of the high South Africa dividend stocks list.

Sappi Dividend Payout

About the ability of Sappi to maintain his current dividend of ZAR 2.67 per share, an amount that accounts for 6.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sappi payout on ernings is currently 17.30%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Sappican 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 Sappi is ZAR 25.07 per share, which is higher than the dividend per share paid by the company of ZAR 2.67, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Sappi, compared againt world market average, South Africa companies, Basic Materials industry and Forestry and Paper sector companies.

Sappi Dividend History

Below you will find a table with the historical evolution of Sappi'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	6.66%	2.67	17.30%	566
2022	0.00%	0.00	0.00%	570
2021	0.00%	0.00	0.00%	567
2020	0.00%	0.00	0.00%	548
2019	5.62%	2.45	44.30%	548
2018	2.64%	2.16	28.05%	557
2017	1.67%	1.49	17.97%	556
2016	0.00%	0.00	0.00%	537
2015	0.00%	0.00	0.00%	537

*In millions

Then you can see the evolution of Sappi dividend stock, and compare it with the average of South Africa stocks and that of the Forestry and Paper stocks.

Sappi Stock performance

Finally, last moth Sappi showed a return of 4.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -12.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Forestry and Paper firms.