The Foschini Group L Dividend yield

The Foschini Group L is part of General Retailers business, which is part of Consumer Services industry. The Foschini Group L is a company from South Africa, and his stocks are publicly traded.

The Foschini Group L stock dividend

The Foschini Group L paid a total dividend of 1,655 million ZAR last year, for a market value of 27,744 millions (Market Cap 26,887 millions). The Foschini Group L dividend per share is 5.00 ZAR, and his stock market price 83.82 ZAR.

According to the chart below, where dividend yield is displayed, The Foschini Group L has a dividend yield of 5.97%, 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 The Foschini Group L stocks dividend with other General Retailers companies or other of the highest South Africa dividend stocks list.

The Foschini Group L Dividend Payout

About the ability of The Foschini Group L to maintain his current dividend of ZAR 5.00 per share, an amount that accounts for 5.97%, we should study its payout ratio both on earnings and on cash-flows (see chart below). The Foschini Group L payout on ernings is currently 54.88%, which is higher than the market average, and companies of Consumer Services industry, which are 39.87% and 29.84% respectively. Both figures show that The Foschini Group L 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 The Foschini Group L is ZAR 19.05 per share, which is higher than the dividend per share paid by the company of ZAR 5.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of The Foschini Group L, compared againt world market average, South Africa companies, Consumer Services industry and General Retailers sector companies.

The Foschini Group L Dividend History

Below you will find a table with the historical evolution of The Foschini Group L'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	5.97%	5.00	54.88%	331
2022	4.95%	5.00	54.95%	331
2021	0.00%	0.00	0.00%	331
2020	5.48%	5.61	72.95%	332
2019	5.25%	7.85	68.26%	237
2018	4.48%	7.45	70.35%	237
2017	3.65%	7.20	70.80%	237
2016	0.00%	0.00	0.00%	222
2015	4.29%	5.56	74.73%	213

*In millions

Then you can see the evolution of The Foschini Group L dividend stock, and compare it with the average of South Africa stocks and that of the General Retailers stocks.

The Foschini Group L Stock performance

Finally, last moth The Foschini Group L showed a return of -11.50% compared to a worldwide -2.16% average, and a -3.87% of Consumer Services firms. Over the last year, the company obtained a -40.80% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for South Africa and General Retailers firms.