Remgro Dividend yield




   ZAR/share 
 Price  104.00
 Dividend  2.65
 Earnings  1.21
 Cash-flow  10.10
 Book value  148.57
 Equity  172.86

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

Remgro paid a total dividend of 1,402 million ZAR last year, for a market value of 55,016 millions (Market Cap 52,448 millions). Dividend per share of Remgro is 2.65 ZAR, and his stock market price 104.00 ZAR.

According to the chart below, where dividend yield is displayed, Remgro has a dividend yield of 2.55%, which is similar to the amount offered by both the market average and companies from South Africa. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Remgro dividend yield with other Financial Services companies or firms from South Africa.

Dividend yield of Remgro

Remgro Dividend Payout

About the ability of Remgro to maintain his current dividend of ZAR 2.65 per share, an amount that accounts for 2.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Remgro payout on ernings is currently 219.01%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that Remgro 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 Remgro is ZAR 10.10 per share, which is higher than the dividend per share paid by the company of ZAR 2.65, so the company generates enough cash to maintain his dividend in the future.

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

Remgro payout

Remgro Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present2.55%2.65219.01%529
20202.75%2.65-94.98%529
20192.89%5.640.00%529
20182.73%5.3233.06%529
20172.10%4.9633.00%529
20162.12%4.4345.76%529
20151.65%4.2825.06%481

*In millions

Remgro Stock performance

Finally, last moth Remgro showed a return of 0.40% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a 15.80% 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.

Remgro stock and market return