Sanlam Dividend yield




   ZAR/share 
 Price  59.53
 Dividend  3.34
 Earnings  1.88
 Cash-flow  1.06
 Book value  29.77
 Equity  29.84

Sanlam is part of Life Insurance business, which is part of Financials industry. Sanlam is a company from South Africa, and his stocks are publicly traded.

Sanlam paid a total dividend of 7,438 million ZAR last year, for a market value of 132,573 millions (Market Cap 99,190 millions). Dividend per share of Sanlam is 3.34 ZAR, and his stock market price 59.53 ZAR.

According to the chart below, where dividend yield is displayed, Sanlam has a dividend yield of 5.61%, 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 Sanlam dividend yield with other Life Insurance companies or firms from South Africa.

Dividend yield of Sanlam

Sanlam Dividend Payout

About the ability of Sanlam to maintain his current dividend of ZAR 3.34 per share, an amount that accounts for 5.61%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sanlam payout on ernings is currently 177.66%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that Sanlam 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 Sanlam is ZAR 1.06 per share, which is lower than the dividend per share paid by the company of ZAR 3.34, 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 Sanlam, compared againt world market average, South Africa companies, Financials industry and Life Insurance sector companies.

Sanlam payout

Sanlam Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present5.61%3.34177.66%2,227
20205.69%3.3486.98%2,227
20193.94%3.1259.54%2,343
20183.63%2.9057.43%2,232
20173.08%2.6858.26%2,167
20163.97%2.4554.44%2,167
20153.65%2.2554.48%2,167

*In millions

Sanlam Stock performance

Finally, last moth Sanlam showed a return of -2.10% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a 16.50% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for South Africa and Life Insurance firms.

Sanlam stock and market return