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OUTsurance Group (JSE:OUT) 3-Year Dividend Growth Rate : -3.50% (As of Jun. 2023)


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What is OUTsurance Group 3-Year Dividend Growth Rate?

OUTsurance Group's Dividends per Share for the six months ended in Jun. 2023 was R0.57.

The historical rank and industry rank for OUTsurance Group's 3-Year Dividend Growth Rate or its related term are showing as below:

JSE:OUT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -40   Med: -2.15   Max: 64.2
Current: -3.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of OUTsurance Group was 64.20% per year. The lowest was -40.00% per year. And the median was -2.15% per year.

JSE:OUT's 3-Year Dividend Growth Rate is ranked worse than
78.78% of 245 companies
in the Insurance industry
Industry Median: 6.1 vs JSE:OUT: -3.50

During the past 12 months, OUTsurance Group's average Dividends Per Share Growth Rate was 114.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

OUTsurance Group's Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.00. As of today, OUTsurance Group's Dividend Yield % is 3.20%.

Good Sign:

OUTsurance Group Ltd stock dividend yield is close to 2-year high.

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


Competitive Comparison of OUTsurance Group's 3-Year Dividend Growth Rate

For the Insurance - Diversified subindustry, OUTsurance Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


OUTsurance Group's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, OUTsurance Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where OUTsurance Group's 3-Year Dividend Growth Rate falls into.



OUTsurance Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


OUTsurance Group  (JSE:OUT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

OUTsurance Group's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.568/ 184.349
=0.00

During the past 13 years, the highest Dividend Payout Ratio of OUTsurance Group was 0.55. The lowest was 0.00. And the median was 0.43.

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

OUTsurance Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.6120002024-04-102024-04-122024-04-15Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.7800002023-10-042023-10-062023-10-09Cash Dividendsemi-annuallyZAR:ZAR 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.

OUTsurance Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.392/43.48
=3.20 %

Current Share Price is R43.48.
OUTsurance Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is R1.392.

During the past 13 years, the highest Dividend Yield of OUTsurance Group was 9.30%. The lowest was 0.77%. And the median was 5.05%.

Good Sign:

OUTsurance Group Ltd stock dividend yield is close to 2-year high.

* 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.


OUTsurance Group 3-Year Dividend Growth Rate Related Terms>


OUTsurance Group (JSE:OUT) Business Description

Traded in Other Exchanges
N/A
Address
1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157
OUTsurance Group Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, large companies, organizations and public enterprises through investments in Discovery Limited, MMI Holdings Limited, OUTsurance Holdings Limited and RMB-SI investments proprietary Ltd. It holds a number of brands such as Discovery Health, Discovery Life, Discovery Invest, Momentum, and Ping An Health. The company earns a majority of its revenue South Africa.