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Absa Group (Absa Group) Dividend Yield %

: 9.50% (As of Today)
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As of today (2024-04-20), the Trailing Annual Dividend Yield of Absa Group is 9.50%.

Good Sign:

Absa Group Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Absa Group's Dividend Yield % or its related term are showing as below:

AGRPY' s Dividend Yield % Range Over the Past 10 Years
Min: 1.49   Med: 6.06   Max: 15.63
Current: 9.5

During the past 13 years, the highest Dividend Yield of Absa Group was 15.63%. The lowest was 1.49%. And the median was 6.06%.

AGRPY's Dividend Yield % is ranked better than
95.58% of 1200 companies
in the Banks industry
Industry Median: 4 vs AGRPY: 9.50

Absa Group's Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.51.

During the past 13 years, the highest Dividend Payout Ratio of Absa Group was 0.85. The lowest was 0.14. And the median was 0.57.

As of today (2024-04-20), the Forward Dividend Yield % of Absa Group is 9.50%.

Absa Group's Dividends per Share for the six months ended in Jun. 2023 was $0.70.

During the past 12 months, Absa Group's average Dividends Per Share Growth Rate was 65.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Absa Group was 18.60% per year. The lowest was -34.10% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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


Absa Group Dividend Yield % Historical Data

The historical data trend for Absa Group's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Absa Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.46 7.60 4.05 2.15 5.82

Absa Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.15 5.45 5.82 7.83

Competitive Comparison

For the Banks - Regional subindustry, Absa Group's Dividend Yield %, along with its competitors' market caps and 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.


Absa Group Dividend Yield % Distribution

For the Banks industry and Financial Services sector, Absa Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Absa Group's Dividend Yield % falls into.



Absa Group Dividend Yield % Calculation

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

Absa Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7382024-04-182024-04-192024-05-02Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.7192023-09-142023-09-152023-09-28Cash Dividendsemi-annuallyUSD:USD 1.000000

* 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.

Absa Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.457/15.3455
=9.49 %

Current Share Price is $15.3455.
Absa Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.457.

Absa Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.476/15.3455
=9.62 %

Current Share Price is $15.3455.
Absa Group's Dividends per Share for the forward twelve months is calculated as $0.738 * 2 = $1.476.

* 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.


Absa Group  (OTCPK:AGRPY) 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.


Absa Group Dividend Yield % Related Terms

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Absa Group (Absa Group) Business Description

Traded in Other Exchanges
Address
15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000
Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.

Absa Group (Absa Group) Headlines

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