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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Forward Dividend Yield % : 0.00% (As of May. 29, 2024)


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What is Econet Wireless Zimbabwe Forward Dividend Yield %?

As of today (2024-05-29), the Forward Annual Dividend Yield of Econet Wireless Zimbabwe is 0.00%.

As of today (2024-05-29), the Trailing Annual Dividend Yield of Econet Wireless Zimbabwe is 0.00%.

XZIM:ECO.ZW's Forward Dividend Yield % is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.35
* Ranked among companies with meaningful Forward Dividend Yield % only.

Econet Wireless Zimbabwe's Dividends per Share for the six months ended in Aug. 2023 was ZWL0.00.

During the past 12 months, Econet Wireless Zimbabwe's average Dividends Per Share Growth Rate was -100.00% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Econet Wireless Zimbabwe was -48.60% per year. The lowest was -48.60% per year. And the median was -48.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Econet Wireless Zimbabwe's Forward Dividend Yield %

For the Telecom Services subindustry, Econet Wireless Zimbabwe's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Econet Wireless Zimbabwe's Forward Dividend Yield % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's Forward Dividend Yield % falls into.



Econet Wireless Zimbabwe Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Econet Wireless Zimbabwe Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0055002024-03-262024-03-282024-04-03Cash DividendannuallyUSD:ZWL 321.999707

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Econet Wireless Zimbabwe's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.7709983885/188.0401
=0.94 %

Current Share Price is ZWL188.0401.
Econet Wireless Zimbabwe's Dividends per Share for the trailing twelve months (TTM) ended in Today is ZWL1.7709983885.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Econet Wireless Zimbabwe  (XZIM:ECO.ZW) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Econet Wireless Zimbabwe Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Econet Wireless Zimbabwe's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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