Rand Merchant Investment Hold. Dividend yield




   ZAR/share 
 Price  30.63
 Dividend  1.10
 Earnings  1.05
 Cash-flow  2.49
 Book value  17.02
 Equity  16.41

Rand Merchant Investment Hold. is part of Financial Services business, which is part of Financials industry. Rand Merchant Investment Hold. is a company from South Africa, and his stocks are publicly traded.

Rand Merchant Investment Hold. paid a total dividend of 1,685 million ZAR last year, for a market value of 46,925 millions (Market Cap 22,944 millions). Dividend per share of Rand Merchant Investment Hold. is 1.10 ZAR, and his stock market price 30.63 ZAR.

According to the chart below, where dividend yield is displayed, Rand Merchant Investment Hold. has a dividend yield of 3.59%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of 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 Rand Merchant Investment Hold. dividend yield with other Financial Services companies or firms from South Africa.

Dividend yield of Rand Merchant Investment Hold.

Rand Merchant Investment Hold. Dividend Payout

About the ability of Rand Merchant Investment Hold. to maintain his current dividend of ZAR 1.10 per share, an amount that accounts for 3.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rand Merchant Investment Hold. payout on ernings is currently 104.76%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that Rand Merchant Investment Hold. 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 Rand Merchant Investment Hold. is ZAR 2.49 per share, which is higher than the dividend per share paid by the company of ZAR 1.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Rand Merchant Investment Hold., compared againt world market average, South Africa companies, Financials industry and Financial Services sector companies.

Rand Merchant Investment Hold. payout

Rand Merchant Investment Hold. Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present3.59%1.10104.76%1,532
20203.43%1.10104.76%1,532
20193.57%1.1041.67%1,532
20182.85%1.0440.47%1,523
20172.57%1.1853.39%1,506

*In millions

Rand Merchant Investment Hold. Stock performance

Finally, last moth Rand Merchant Investment Hold. showed a return of 0.50% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a 39.00% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for South Africa and Financial Services firms.

Rand Merchant Investment Hold. stock and market return