GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ninety One Ltd (JSE:NY1) » Definitions » Dividend Payout Ratio

Ninety One (JSE:NY1) Dividend Payout Ratio : 0.80 (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Ninety One Dividend Payout Ratio?

Ninety One's dividend payout ratio for the months ended in Sep. 2023 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ninety One Ltd is 0.79, which seems too high.

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

JSE:NY1' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.62   Max: 0.79
Current: 0.79


During the past 7 years, the highest Dividend Payout Ratio of Ninety One was 0.79. The lowest was 0.36. And the median was 0.62.

JSE:NY1's Dividend Payout Ratio is ranked better than
51.21% of 953 companies
in the Asset Management industry
Industry Median: 0.8 vs JSE:NY1: 0.79

As of today (2024-05-15), the Dividend Yield % of Ninety One is 7.44%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Ninety One was 8.72%. The lowest was 2.18%. And the median was 6.42%.

Ninety One's Dividends per Share for the months ended in Sep. 2023 was R1.65.

During the past 12 months, Ninety One's average Dividends Per Share Growth Rate was 9.80% per year.

The growth rate is calculated with least square regression.

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


Ninety One Dividend Payout Ratio Historical Data

The historical data trend for Ninety One'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.

Ninety One Dividend Payout Ratio Chart

Ninety One Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial - - 0.36 0.62 0.78

Ninety One Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.57 0.79 0.78 0.80

Competitive Comparison of Ninety One's Dividend Payout Ratio

For the Asset Management subindustry, Ninety One'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.


Ninety One's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ninety One's Dividend Payout Ratio distribution charts can be found below:

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



Ninety One Dividend Payout Ratio Calculation

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

Ninety One's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=3.131/ 4.011
=0.78

Ninety One's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=1.654/ 2.075
=0.80

* 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.


Ninety One (JSE:NY1) 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.


Ninety One Dividend Payout Ratio Related Terms

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


Ninety One (JSE:NY1) Business Description

Traded in Other Exchanges
Address
36 Hans Strijdom Avenue, Foreshore, Cape Town, WC, ZAF, 8001
Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors. Geographically, it derives a majority of revenue from the United Kingdom and others.

Ninety One (JSE:NY1) Headlines

No Headlines