Oceana Group (JSE:OCE) Dividend Payout Ratio : 0.26 (As of Sep. 2023)

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What is Oceana Group Dividend Payout Ratio?

Oceana Group's dividend payout ratio for the months ended in Sep. 2023 was 0.26.

The historical rank and industry rank for Oceana Group's Dividend Payout Ratio or its related term are showing as below:

JSE:OCE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.61 Max: 1.25
Current: 0.52

During the past 13 years, the highest Dividend Payout Ratio of Oceana Group was 1.25. The lowest was 0.17. And the median was 0.61.

JSE:OCE's Dividend Payout Ratio is ranked worse than
64.1% of 922 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs JSE:OCE: 0.52

As of today (2024-05-16), the Dividend Yield % of Oceana Group is 5.97%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Oceana Group was 8.64%. The lowest was 1.27%. And the median was 4.40%.

Oceana Group's Dividends per Share for the months ended in Sep. 2023 was R1.30.

During the past 12 months, Oceana Group's average Dividends Per Share Growth Rate was 38.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Oceana Group was 53.20% per year. The lowest was -32.60% per year. And the median was 12.15% per year.

The growth rate is calculated with least square regression.

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

Oceana Group Dividend Payout Ratio Historical Data

The historical data trend for Oceana Group's Dividend Payout Ratio 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.

Oceana Group Dividend Payout Ratio Chart

Oceana Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

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0.85

0.58

0.81

0.48

0.52

Oceana Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.43	1.97	0.11	0.98	0.26

Competitive Comparison of Oceana Group's Dividend Payout Ratio

For the Packaged Foods subindustry, Oceana Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Oceana Group's Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Oceana Group's Dividend Payout Ratio falls into.

Oceana Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Oceana Group's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	4.21	/	8.07
	=	0.52

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

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	1.3	/	5.084
	=	0.26

Oceana Group (JSE:OCE) Dividend Payout Ratio Explanation

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.

Oceana Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Oceana Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Oceana Group (JSE:OCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oceana Group Ltd (JSE:OCE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

OCGPF:USA OCG:Namibia O1F:Germany

Address

25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.oceana.co.za

Oceana Group Ltd is an African fishing company focused on catching, procuring, processing, marketing, and distributing canned fish, fishmeal, fish oil, lobster, horse mackerel, squid, and hake. Oceana Group also provides refrigerated warehouse facilities and logistical support services. The company's principal market is the lower-end consumer who prefers canned fish and horse mackerel. The majority of Oceana Group's revenue is derived from South Africa and Nambia. The company operates through four segments: Canned Fish and Fishmeal (Africa), which contributes the majority portion of revenue; Fishmeal and Fish Oil (USA); Horse Mackerel, Hake, Lobster, and Squid; and Commercial Cold Storage Logistics.

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