Remgro Dividend yield

 Price  135.85
 Dividend  0.80
 Earnings  6.23
 Cash-flow  10.29
 Book value  150.94
 Equity  151.95

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 423 million ZAR last year, for a market value of 71,865 millions (Market Cap 68,990 millions). Dividend per share of Remgro is 0.80 ZAR, and his stock market price 135.85 ZAR.

According to the chart below, where dividend yield is displayed, Remgro has a dividend yield of 0.59%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

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 0.80 per share, an amount that accounts for 0.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Remgro payout on ernings is currently 12.84%, which is lower than the market average and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures lead us to believe that there is confidence that Remgrocan maintain his current dividend.

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 10.29 per share, which is higher than the dividend per share paid by the company of ZAR 0.80, 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* 

*In millions

Remgro Stock performance

Finally, last moth Remgro showed a return of 12.40% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a 44.50% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for South Africa and Financial Services firms.

Remgro stock and market return