Vodacom Group Dividend yield

Vodacom Group is part of Mobile Telecommunications business, which is part of Telecommunications industry. Vodacom Group is a company from South Africa, and his stocks are publicly traded.

Vodacom Group stock dividend

Vodacom Group paid a total dividend of 13,923 million ZAR last year, for a market value of 224,133 millions (Market Cap 64,216 millions). Vodacom Group dividend per share is 6.70 ZAR, and his stock market price 107.86 ZAR.

According to the chart below, where dividend yield is displayed, Vodacom Group has a dividend yield of 6.21%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Telecommunications 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 Vodacom Group stocks dividend with other Mobile Telecommunications companies or other of the high South Africa dividend stocks list.

Vodacom Group Dividend Payout

About the ability of Vodacom Group to maintain his current dividend of ZAR 6.70 per share, an amount that accounts for 6.21%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Vodacom Group payout on ernings is currently 83.23%, which is higher than the market average, and companies of Telecommunications industry, which are 39.34% and 41.86% respectively. Both figures show that Vodacom 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 Vodacom Group is ZAR 19.61 per share, which is higher than the dividend per share paid by the company of ZAR 6.70, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Vodacom Group, compared againt world market average, South Africa companies, Telecommunications industry and Mobile Telecommunications sector companies.

Vodacom Group Dividend History

Below you will find a table with the historical evolution of Vodacom 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	6.21%	6.70	83.23%	2,078
2022	6.28%	7.71	82.28%	1,836
2021	6.17%	8.31	79.60%	1,836
2020	6.59%	8.20	82.41%	1,836
2019	6.76%	7.79	83.76%	1,836
2018	6.21%	8.20	86.96%	1,836
2017	5.66%	8.25	93.43%	1,721
2016	5.49%	7.95	81.87%	1,488
2015	5.45%	7.96	85.04%	1,488

*In millions

Then you can see the evolution of Vodacom Group dividend stock, and compare it with the average of South Africa stocks and that of the Mobile Telecommunications stocks.

Vodacom Group Stock performance

Finally, last moth Vodacom Group showed a return of -8.60% compared to a worldwide -2.49% average, and a -0.77% of Telecommunications firms. Over the last year, the company obtained a -14.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Mobile Telecommunications firms.