Firstrand (JSE:FSR) Dividend Payout Ratio : 0.59 (As of Jun. 2024)

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What is Firstrand 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. Firstrand's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.59.

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

JSE:FSR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.56 Max: 0.97
Current: 0.58

During the past 13 years, the highest Dividend Payout Ratio of Firstrand was 0.97. The lowest was 0.23. And the median was 0.56.

JSE:FSR's Dividend Payout Ratio is ranked worse than
79.77% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs JSE:FSR: 0.58

As of today (2024-12-14), the Dividend Yield % of Firstrand is 5.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Firstrand was 8.25%. The lowest was 1.43%. And the median was 4.51%.

Firstrand's Dividends per Share for the months ended in Jun. 2024 was R2.00.

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.

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

Firstrand Dividend Payout Ratio Historical Data

The historical data trend for Firstrand'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.

Firstrand Dividend Payout Ratio Chart

Firstrand Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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0.97

0.23

0.53

0.57

0.58

Firstrand Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.52	0.58	0.57	0.57	0.59

Competitive Comparison of Firstrand's Dividend Payout Ratio

For the Banks - Diversified subindustry, Firstrand'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.

Firstrand's Dividend Payout Ratio Distribution in the Banks Industry

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

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

Firstrand Dividend Payout Ratio Calculation

Firstrand's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	3.95	/	6.79
	=	0.58

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

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	2	/	3.386
	=	0.59

Firstrand (JSE:FSR) 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.

Firstrand Dividend Payout Ratio Related Terms

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

Firstrand Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Firstrand Ltd (JSE:FSR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FANDY:USA FANDF:USA FST:Namibia FSRA:Germany

Address

Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.firstrand.co.za

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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