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Bytes Technology Group (JSE:BYI) Dividend Payout Ratio : 0.49 (As of Aug. 2024)


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What is Bytes Technology Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Bytes Technology Group's Dividend Payout Ratio for the months ended in Aug. 2024 was 0.49.

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

JSE:BYI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.36   Max: 0.37
Current: 0.37


During the past 7 years, the highest Dividend Payout Ratio of Bytes Technology Group was 0.37. The lowest was 0.13. And the median was 0.36.

JSE:BYI's Dividend Payout Ratio is ranked better than
50.41% of 849 companies
in the Software industry
Industry Median: 0.38 vs JSE:BYI: 0.37

As of today (2025-04-06), the Dividend Yield % of Bytes Technology Group is 1.84%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Bytes Technology Group was 1.87%. The lowest was 0.30%. And the median was 1.30%.

Bytes Technology Group's Dividends per Share for the months ended in Aug. 2024 was R1.40.

During the past 12 months, Bytes Technology Group's average Dividends Per Share Growth Rate was 16.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Bytes Technology Group Dividend Payout Ratio Historical Data

The historical data trend for Bytes Technology 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.

Bytes Technology Group Dividend Payout Ratio Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Dividend Payout Ratio
Get a 7-Day Free Trial - - 0.13 0.37 0.38

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.29 0.53 0.24 0.49

Competitive Comparison of Bytes Technology Group's Dividend Payout Ratio

For the Software - Infrastructure subindustry, Bytes Technology 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.


Bytes Technology Group's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's Dividend Payout Ratio distribution charts can be found below:

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


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Bytes Technology Group Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Bytes Technology Group's Dividend Payout Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2024 )/ EPS without NRI (A: Feb. 2024 )
=1.904/ 5.045
=0.38

Bytes Technology Group's Dividend Payout Ratio for the quarter that ended in Aug. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Aug. 2024 )/ EPS without NRI (Q: Aug. 2024 )
=1.397/ 2.848
=0.49

* 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.


Bytes Technology Group (JSE:BYI) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


Bytes Technology Group Dividend Payout Ratio Related Terms

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


Bytes Technology Group Business Description

Traded in Other Exchanges
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware, and cloud services. It enables effective and cost-efficient technology sourcing, adoption, and management across software, security, and cloud services. The company's brands include Bytes Software Services (BSS) which supports the corporate and public sector, and Phoenix Software which focuses on providing solutions to the public sector. It generates a majority of its revenue from software products. Geographically, the company derives its key revenue from the United Kingdom and the rest from Europe, and other regions.

Bytes Technology Group Headlines

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