Vodacom Group Dividend yield




   ZAR/share 
 Price  124.39
 Dividend  8.20
 Earnings  9.95
 Cash-flow  18.03
 Book value  49.76
 Equity  46.28

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 paid a total dividend of 15,055 million ZAR last year, for a market value of 228,380 millions (Market Cap 74,057 millions). Dividend per share of Vodacom Group is 8.20 ZAR, and his stock market price 124.39 ZAR.

According to the chart below, where dividend yield is displayed, Vodacom Group has a dividend yield of 6.59%, 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 dividend yield with other Mobile Telecommunications companies or firms from South Africa.

Dividend yield of Vodacom Group

Vodacom Group Dividend Payout

About the ability of Vodacom Group to maintain his current dividend of ZAR 8.20 per share, an amount that accounts for 6.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Vodacom Group payout on ernings is currently 82.41%, which is higher than the market average, and companies of Telecommunications industry, which are 38.57% and 48.83% 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 18.03 per share, which is higher than the dividend per share paid by the company of ZAR 8.20, 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 payout

Vodacom Group Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present6.59%8.2082.41%1,836
20196.76%7.7983.76%1,836
20186.21%8.2086.96%1,836
20175.66%8.2593.43%1,721
20165.49%7.9581.87%1,488
20155.45%7.9685.04%1,488

*In millions

Vodacom Group Stock performance

Finally, last moth Vodacom Group showed a return of 0.90% compared to a worldwide 3.99% average, and a -0.24% of Telecommunications firms. Over the last year, the company obtained a 7.90% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for South Africa and Mobile Telecommunications firms.

Vodacom Group stock and market return