Momentum Metropolitan Holdings (JSE:MTM) Dividend Payout Ratio : 0.45 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Momentum Metropolitan Holdings Dividend Payout Ratio?

Momentum Metropolitan Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.45.

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

JSE:MTM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.6 Max: 0.79
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Momentum Metropolitan Holdings was 0.79. The lowest was 0.17. And the median was 0.60.

JSE:MTM's Dividend Payout Ratio is ranked better than
51.18% of 297 companies
in the Insurance industry
Industry Median: 0.37 vs JSE:MTM: 0.37

As of today (2024-06-21), the Dividend Yield % of Momentum Metropolitan Holdings is 5.67%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Momentum Metropolitan Holdings was 9.05%. The lowest was 1.17%. And the median was 4.95%.

Momentum Metropolitan Holdings's Dividends per Share for the months ended in Dec. 2023 was R0.70.

During the past 12 months, Momentum Metropolitan Holdings's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -10.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Momentum Metropolitan Holdings was 22.70% per year. The lowest was -39.40% per year. And the median was 11.40% per year.

The growth rate is calculated with least square regression.

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

Momentum Metropolitan Holdings Dividend Payout Ratio Historical Data

The historical data trend for Momentum Metropolitan Holdings'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.

Momentum Metropolitan Holdings Dividend Payout Ratio Chart

Momentum Metropolitan Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.17

0.74

0.37

0.17

0.34

Momentum Metropolitan Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.15	0.19	0.46	0.30	0.45

Competitive Comparison of Momentum Metropolitan Holdings's Dividend Payout Ratio

For the Insurance - Diversified subindustry, Momentum Metropolitan Holdings'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.

Momentum Metropolitan Holdings's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Momentum Metropolitan Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Momentum Metropolitan Holdings's Dividend Payout Ratio falls into.

Momentum Metropolitan Holdings Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Momentum Metropolitan Holdings's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	1.15	/	3.423
	=	0.34

Momentum Metropolitan 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 )
	=	0.7	/	1.564
	=	0.45

Momentum Metropolitan Holdings (JSE:MTM) Dividend Payout Ratio Explanation

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.

Momentum Metropolitan Holdings Dividend Payout Ratio Related Terms

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

Momentum Metropolitan Holdings (JSE:MTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Momentum Metropolitan Holdings Ltd (JSE:MTM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MMT:Namibia

Address

268 West Avenue, Centurion, GT, ZAF, 0157

Website

https://www.momentummetropolitan.co.za

Momentum Metropolitan Holdings Ltd is a financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands for offering product and service solutions to all market segments. The firm's operational segments are: Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Momentum Metropolitan Africa, Non-life Insurance, New Initiatives and Shareholders.

Momentum Metropolitan Holdings (JSE:MTM) Headlines

No Headlines