Shoprite Dividend yield




   ZAR/share 
 Price  140.00
 Dividend  3.84
 Earnings  6.28
 Cash-flow  21.54
 Book value  33.33
 Equity  38.77

Shoprite is part of Food and Drug Retailers business, which is part of Consumer Services industry. Shoprite is a company from South Africa, and his stocks are publicly traded.

Shoprite paid a total dividend of 2,269 million ZAR last year, for a market value of 82,740 millions (Market Cap 68,634 millions). Dividend per share of Shoprite is 3.84 ZAR, and his stock market price 140.00 ZAR.

According to the chart below, where dividend yield is displayed, Shoprite has a dividend yield of 2.74%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Consumer Services 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 Shoprite dividend yield with other Food and Drug Retailers companies or firms from South Africa.

Dividend yield of Shoprite

Shoprite Dividend Payout

About the ability of Shoprite to maintain his current dividend of ZAR 3.84 per share, an amount that accounts for 2.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shoprite payout on ernings is currently 61.15%, which is higher than the market average, and companies of Consumer Services industry, which are 38.57% and 29.05% respectively. Both figures show that Shoprite 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 Shoprite is ZAR 21.54 per share, which is higher than the dividend per share paid by the company of ZAR 3.84, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shoprite, compared againt world market average, South Africa companies, Consumer Services industry and Food and Drug Retailers sector companies.

Shoprite payout

Shoprite Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present2.74%3.8461.15%591
20192.53%3.1940.53%591
20182.55%4.8551.54%591
20172.28%5.0451.96%591
20162.42%4.5250.28%571
20152.72%3.8650.86%571

*In millions

Shoprite Stock performance

Finally, last moth Shoprite showed a return of 9.60% compared to a worldwide 3.99% average, and a 2.70% of Consumer Services firms. Over the last year, the company obtained a 11.20% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for South Africa and Food and Drug Retailers firms.

Shoprite stock and market return