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Firstrand (FRA:FSRA) 5-Year Dividend Growth Rate : 2.80% (As of Dec. 2023)


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What is Firstrand 5-Year Dividend Growth Rate?

Firstrand's Dividends per Share for the six months ended in Dec. 2023 was €0.10.

During the past 12 months, Firstrand's average Dividends Per Share Growth Rate was 12.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.30% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Firstrand was 28.30% per year. The lowest was -25.50% per year. And the median was 10.00% per year.

Firstrand's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.57. As of today, Firstrand's Dividend Yield % is 6.53%.

Good Sign:

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

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


Competitive Comparison of Firstrand's 5-Year Dividend Growth Rate

For the Banks - Diversified subindustry, Firstrand's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Firstrand's 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firstrand's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Firstrand's 5-Year Dividend Growth Rate falls into.



Firstrand 5-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 least square regression.

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.


Firstrand  (FRA:FSRA) 5-Year Dividend Growth Rate Explanation

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

Firstrand's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.096/ 0.168
=0.57

During the past 13 years, the highest Dividend Payout Ratio of Firstrand was 0.97. The lowest was 0.23. And the median was 0.55.

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

Firstrand Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 2.0000002024-03-262024-03-282024-04-02Cash Dividendsemi-annuallyZAR:EUR 0.048812
ZAR 1.9500002023-10-112023-10-132023-10-16Cash Dividendsemi-annuallyZAR:EUR 0.049798

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.1947301/3.00
=6.49 %

Current Share Price is €3.00.
Firstrand's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.1947301.

During the past 13 years, the highest Dividend Yield of Firstrand was 8.25%. The lowest was 1.43%. And the median was 4.28%.

Good Sign:

Firstrand Ltd stock dividend yield is close to 3-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.


Firstrand 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Firstrand's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Firstrand (FRA:FSRA) Business Description

Industry
Traded in Other Exchanges
Address
Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The bank's retail and commercial brand is the contributor of normalized earnings, followed by its corporate and investment brand. FirstRand's retail and commercial division emphasizes a diverse range of financial services with a strategic emphasis on cost controls and digital platforms. The bank's corporate and investment brand heavily relies on its origination franchise as part of its value proposition.

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