Standard Bank Group Dividend yield

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 stock dividend

Standard Bank Group paid a total dividend of 20,249 million ZAR last year, for a market value of 324,400 millions (Market Cap 258,460 millions). Standard Bank Group dividend per share is 12.06 ZAR, and his stock market price 193.21 ZAR.

According to the chart below, where dividend yield is displayed, Standard Bank Group has a dividend yield of 6.24%, 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 stocks dividend with other Banks companies or other of the high South Africa dividend stocks list.

Standard Bank Group Dividend Payout

About the ability of Standard Bank Group to maintain his current dividend of ZAR 12.06 per share, an amount that accounts for 6.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Standard Bank Group payout on ernings is currently 55.55%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% 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 22.73 per share, which is higher than the dividend per share paid by the company of ZAR 12.06, so the company generates 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 Dividend History

Below you will find a table with the historical evolution of Standard Bank Group'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	6.24%	12.06	55.55%	1,679
2022	6.11%	10.25	64.14%	1,678
2021	4.29%	6.01	66.56%	1,620
2020	7.82%	9.94	58.68%	1,620
2019	5.91%	9.95	54.97%	1,619
2018	5.26%	9.41	55.26%	1,620
2017	4.29%	8.39	57.47%	1,618
2016	4.71%	7.11	46.14%	1,605
2015	4.94%	6.41	54.79%	1,605

*In millions

Then you can see the evolution of Standard Bank Group dividend stock, and compare it with the average of South Africa stocks and that of the Banks stocks.

Standard Bank Group Stock performance

Finally, last moth Standard Bank Group showed a return of 1.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 26.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Banks firms.