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Sygnia (JSE:SYG) 3-Year Dividend Growth Rate : 42.50% (As of Mar. 2024)


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What is Sygnia 3-Year Dividend Growth Rate?

Sygnia's Dividends per Share for the six months ended in Mar. 2024 was R1.23.

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

JSE:SYG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 13.6   Med: 34.8   Max: 51.3
Current: 42.5

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Sygnia was 51.30% per year. The lowest was 13.60% per year. And the median was 34.80% per year.

JSE:SYG's 3-Year Dividend Growth Rate is ranked better than
81.48% of 27 companies
in the Diversified Financial Services industry
Industry Median: 17 vs JSE:SYG: 42.50

During the past 3 years, the average Dividends Per Share Growth Rate was 42.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 35.60% 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.

Sygnia's Dividend Payout Ratio for the six months ended in Mar. 2024 was 1.24. As of today, Sygnia's Dividend Yield % is 9.36%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sygnia Ltd is 1.03, which seems too high.

Warning Sign:

Sygnia Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Sygnia's 3-Year Dividend Growth Rate

For the Financial Conglomerates subindustry, Sygnia'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.


Sygnia's 3-Year Dividend Growth Rate Distribution in the Diversified Financial Services Industry

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

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



Sygnia 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.


Sygnia  (JSE:SYG) 3-Year Dividend Growth Rate Explanation

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

Sygnia's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=1.23/ 0.99
=1.24

During the past 10 years, the highest Dividend Payout Ratio of Sygnia was 1.12. The lowest was 0.46. And the median was 0.75.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sygnia Ltd is 1.03, which seems too high.

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

Sygnia Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.9000002024-06-262024-06-282024-07-01Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 1.2300002023-12-202023-12-222023-12-27Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.13/22.76
=9.36 %

Current Share Price is R22.76.
Sygnia's Dividends per Share for the trailing twelve months (TTM) ended in Today is R2.13.

During the past 10 years, the highest Dividend Yield of Sygnia was 13.00%. The lowest was 1.34%. And the median was 6.44%.

Warning Sign:

Sygnia Ltd stock dividend yield is close to 2-year low.

* 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.


Sygnia 3-Year Dividend Growth Rate Related Terms>


Sygnia Business Description

Traded in Other Exchanges
N/A
Address
Cardiff Street, Green Point, 7th Floor, The Foundry, Cape Town, WC, ZAF, 8001
Sygnia Ltd is a specialist financial services company. The company provides investment management and administration solutions to institutional and retail clients located predominantly in South Africa. Its main investment services include domestic and international multi-manager and index-tracking products, customized investment design and management, transition management, and investment administration services. The company operates in Cape Town, Johannesburg, Durban, London.

Sygnia Headlines

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