Coronation Fund Mana Dividend yield




   ZAR/share 
 Price  54.80
 Dividend  3.83
 Earnings  3.97
 Cash-flow  2.93
 Book value  6.23
 Equity  6.00

Coronation Fund Mana is part of Financial Services business, which is part of Financials industry. Coronation Fund Mana is a company from South Africa, and his stocks are publicly traded.

Coronation Fund Mana paid a total dividend of 1,341 million ZAR last year, for a market value of 19,180 millions (Market Cap 14,094 millions). Dividend per share of Coronation Fund Mana is 3.83 ZAR, and his stock market price 54.80 ZAR.

According to the chart below, where dividend yield is displayed, Coronation Fund Mana has a dividend yield of 6.99%, 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 Coronation Fund Mana dividend yield with other Financial Services companies or firms from South Africa.

Dividend yield of Coronation Fund Mana

Coronation Fund Mana Dividend Payout

About the ability of Coronation Fund Mana to maintain his current dividend of ZAR 3.83 per share, an amount that accounts for 6.99%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coronation Fund Mana payout on ernings is currently 96.47%, which is higher than the market average, and companies of Financials industry, which are 38.17% and 41.32% respectively. Both figures show that Coronation Fund Mana 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 Coronation Fund Mana is ZAR 2.93 per share, which is lower than the dividend per share paid by the company of ZAR 3.83, 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 Coronation Fund Mana, compared againt world market average, South Africa companies, Financials industry and Financial Services sector companies.

Coronation Fund Mana payout

Coronation Fund Mana Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present6.99%3.8396.47%350
20208.87%3.8395.75%350
20198.54%3.41100.00%350
201810.16%4.2099.53%350
20175.91%4.37100.46%350
20166.95%4.99111.14%350
20158.49%5.1699.42%350

*In millions

Coronation Fund Mana Stock performance

Finally, last moth Coronation Fund Mana showed a return of 10.10% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 74.00% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for South Africa and Financial Services firms.

Coronation Fund Mana stock and market return