The Spar Group Dividend yield




   ZAR/share 
 Price  189.89
 Dividend  8.66
 Earnings  11.30
 Cash-flow  27.13
 Book value  41.28
 Equity  40.07

The Spar Group is part of Food and Drug Retailers business, which is part of Consumer Services industry. The Spar Group is a company from South Africa, and his stocks are publicly traded.

The Spar Group paid a total dividend of 1,671 million ZAR last year, for a market value of 36,649 millions (Market Cap 36,505 millions). Dividend per share of The Spar Group is 8.66 ZAR, and his stock market price 189.89 ZAR.

According to the chart below, where dividend yield is displayed, The Spar Group has a dividend yield of 4.56%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Consumer Services 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 The Spar Group dividend yield with other Food and Drug Retailers companies or firms from South Africa.

Dividend yield of The Spar Group

The Spar Group Dividend Payout

About the ability of The Spar Group to maintain his current dividend of ZAR 8.66 per share, an amount that accounts for 4.56%, we should study its payout ratio both on earnings and on cash-flows (see chart below). The Spar Group payout on ernings is currently 76.64%, which is higher than the market average, and companies of Consumer Services industry, which are 38.16% and 23.35% respectively. Both figures show that The Spar Group 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 The Spar Group is ZAR 27.13 per share, which is higher than the dividend per share paid by the company of ZAR 8.66, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of The Spar Group, compared againt world market average, South Africa companies, Consumer Services industry and Food and Drug Retailers sector companies.

The Spar Group payout

The Spar Group Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present4.56%8.6676.64%193
20204.56%8.6476.60%193
20194.05%8.0068.43%193
20183.51%7.2876.87%193
20173.32%6.7571.35%193
20163.42%6.4865.99%185
20153.48%6.3276.61%172

*In millions

The Spar Group Stock performance

Finally, last moth The Spar Group showed a return of -0.20% compared to a worldwide 4.25% average, and a 2.83% of Consumer Services firms. Over the last year, the company obtained a 4.50% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for South Africa and Food and Drug Retailers firms.

The Spar Group stock and market return