Sasol Dividend yield

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

Sasol stock dividend

Sasol paid a total dividend of 13,751 million ZAR last year, for a market value of 154,861 millions (Market Cap 140,915 millions). Sasol dividend per share is 21.69 ZAR, and his stock market price 244.26 ZAR.

According to the chart below, where dividend yield is displayed, Sasol has a dividend yield of 8.88%, 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 Sasol stocks dividend with other Chemicals companies or other of the high South Africa dividend stocks list.

Sasol Dividend Payout

About the ability of Sasol to maintain his current dividend of ZAR 21.69 per share, an amount that accounts for 8.88%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sasol payout on ernings is currently 150.94%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Sasol 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 Sasol is ZAR 48.85 per share, which is higher than the dividend per share paid by the company of ZAR 21.69, so the company generates enough cash to maintain his dividend in the future.

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

Sasol Dividend History

Below you will find a table with the historical evolution of Sasol'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	8.88%	21.69	150.94%	634
2022	5.46%	14.71	23.48%	629
2021	0.00%	0.00	0.00%	628
2020	0.00%	0.00	0.00%	626
2019	4.55%	13.81	182.43%	625
2018	3.04%	12.92	88.49%	623
2017	2.94%	12.59	39.41%	651
2016	3.90%	14.79	70.56%	650
2015	4.60%	18.52	40.03%	650

*In millions

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

Sasol Stock performance

Finally, last moth Sasol showed a return of -1.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -26.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Chemicals firms.