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Firstrand (JSE:FSRP.PFD) Forward Dividend Yield % : 6.27% (As of Jan. 18, 2025)


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What is Firstrand Forward Dividend Yield %?

As of today (2025-01-18), the Forward Annual Dividend Yield of Firstrand is 6.27%.

As of today (2025-01-18), the Trailing Annual Dividend Yield of Firstrand is 6.27%.

JSE:FSRP.PFD's Forward Dividend Yield % is ranked better than
75.54% of 1214 companies
in the Banks industry
Industry Median: 3.885 vs JSE:FSRP.PFD: 6.27

Firstrand's Dividends per Share for the six months ended in Jun. 2024 was R0.00.

During the past 12 months, Firstrand's average Dividends Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 53.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Firstrand was 53.10% per year. The lowest was -25.50% per year. And the median was 11.90% 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 Firstrand's Forward Dividend Yield %

For the Banks - Diversified subindustry, Firstrand'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.


Firstrand's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Firstrand Forward Dividend Yield % Calculation

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


Firstrand  (JSE:FSRP.PFD) 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.


Firstrand Forward Dividend Yield % Related Terms

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Firstrand Business Description

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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