GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoprite Holdings Ltd (JSE:SHP) » Definitions » 3-Year Dividend Growth Rate

Shoprite Holdings (JSE:SHP) 3-Year Dividend Growth Rate : 24.50% (As of Dec. 2023)


View and export this data going back to 1936. Start your Free Trial

What is Shoprite Holdings 3-Year Dividend Growth Rate?

Shoprite Holdings's Dividends per Share for the six months ended in Dec. 2023 was R4.15.

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

JSE:SHP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.5   Med: 14.7   Max: 47.4
Current: 24.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shoprite Holdings was 47.40% per year. The lowest was -12.50% per year. And the median was 14.70% per year.

JSE:SHP's 3-Year Dividend Growth Rate is ranked better than
71.94% of 392 companies
in the Retail - Cyclical industry
Industry Median: 11.1 vs JSE:SHP: 24.50

During the past 12 months, Shoprite Holdings's average Dividends Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% 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.

Shoprite Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.65. As of today, Shoprite Holdings's Dividend Yield % is 2.74%.

Good Sign:

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

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


Competitive Comparison of Shoprite Holdings's 3-Year Dividend Growth Rate

For the Department Stores subindustry, Shoprite Holdings'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.


Shoprite Holdings's 3-Year Dividend Growth Rate Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoprite Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Shoprite Holdings 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.


Shoprite Holdings  (JSE:SHP) 3-Year Dividend Growth Rate Explanation

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

Shoprite Holdings'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 )
=4.15/ 6.428
=0.65

During the past 13 years, the highest Dividend Payout Ratio of Shoprite Holdings was 0.58. The lowest was 0.40. And the median was 0.49.

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

Shoprite Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 2.6702024-03-262024-03-282024-04-02Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 4.1502023-09-272023-09-292023-10-02Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.82/248.47
=2.74 %

Current Share Price is R248.47.
Shoprite Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is R6.82.

During the past 13 years, the highest Dividend Yield of Shoprite Holdings was 4.31%. The lowest was 1.48%. And the median was 2.29%.

Good Sign:

Shoprite Holdings 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.


Shoprite Holdings 3-Year Dividend Growth Rate Related Terms>


Shoprite Holdings (JSE:SHP) Business Description

Traded in Other Exchanges
Address
Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560
Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.

Shoprite Holdings (JSE:SHP) Headlines

No Headlines