Standard Bank Group Dividend yield




   ZAR/share 
 Price  127.08
 Dividend  9.94
 Earnings  16.94
 Cash-flow  7.80
 Book value  105.90
 Equity  101.44

Standard Bank Group is part of Banks business, which is part of Financials industry. Standard Bank Group is a company from South Africa, and his stocks are publicly traded.

Standard Bank Group paid a total dividend of 16,103 million ZAR last year, for a market value of 205,870 millions (Market Cap 162,424 millions). Dividend per share of Standard Bank Group is 9.94 ZAR, and his stock market price 127.08 ZAR.

According to the chart below, where dividend yield is displayed, Standard Bank Group has a dividend yield of 7.82%, 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 Standard Bank Group dividend yield with other Banks companies or firms from South Africa.

Dividend yield of Standard Bank Group

Standard Bank Group Dividend Payout

About the ability of Standard Bank Group to maintain his current dividend of ZAR 9.94 per share, an amount that accounts for 7.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Standard Bank Group payout on ernings is currently 58.68%, which is higher than the market average, and companies of Financials industry, which are 38.57% and 41.00% respectively. Both figures show that Standard Bank Group 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 Standard Bank Group is ZAR 7.80 per share, which is lower than the dividend per share paid by the company of ZAR 9.94, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Standard Bank Group, compared againt world market average, South Africa companies, Financials industry and Banks sector companies.

Standard Bank Group payout

Standard Bank Group Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present7.82%9.9458.68%1,620
20195.91%9.9554.97%1,619
20185.26%9.4155.26%1,620
20174.29%8.3957.47%1,618
20164.71%7.1146.14%1,605
20154.94%6.4154.79%1,605

*In millions

Standard Bank Group Stock performance

Finally, last moth Standard Bank Group showed a return of 4.90% compared to a worldwide 3.99% average, and a 3.02% of Financials firms. Over the last year, the company obtained a -24.50% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for South Africa and Banks firms.

Standard Bank Group stock and market return