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Afrimat (JSE:AFT) Dividend Yield % : 2.31% (As of Dec. 13, 2024)


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What is Afrimat Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Afrimat is 2.31%.

The historical rank and industry rank for Afrimat's Dividend Yield % or its related term are showing as below:

JSE:AFT' s Dividend Yield % Range Over the Past 10 Years
Min: 1.11   Med: 2.28   Max: 4.26
Current: 2.31

During the past 13 years, the highest Dividend Yield of Afrimat was 4.26%. The lowest was 1.11%. And the median was 2.28%.

JSE:AFT's Dividend Yield % is ranked worse than
64.11% of 248 companies
in the Building Materials industry
Industry Median: 3.07 vs JSE:AFT: 2.31

Afrimat's Dividend Payout Ratio for the six months ended in Aug. 2024 was 2.95.

During the past 13 years, the highest Dividend Payout Ratio of Afrimat was 0.55. The lowest was 0.26. And the median was 0.30.

As of today (2024-12-13), the Forward Dividend Yield % of Afrimat is 2.31%.

Afrimat's Dividends per Share for the six months ended in Aug. 2024 was R1.54.

During the past 12 months, Afrimat's average Dividends Per Share Growth Rate was 29.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Afrimat was 36.20% per year. The lowest was -6.80% per year. And the median was 21.65% 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.


Afrimat Dividend Yield % Historical Data

The historical data trend for Afrimat's Dividend Yield % 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.

Afrimat Dividend Yield % Chart

Afrimat Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 2.64 2.29 3.45 2.39

Afrimat Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.73 3.45 2.68 2.39 2.94

Competitive Comparison of Afrimat's Dividend Yield %

For the Building Materials subindustry, Afrimat's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Afrimat's Dividend Yield % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afrimat's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Afrimat's Dividend Yield % falls into.



Afrimat Dividend Yield % Calculation

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

Afrimat Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.1000002024-11-202024-11-222024-11-25Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 1.5400002024-06-052024-06-072024-06-10Cash 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.

Afrimat's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.64/70.97
=2.31 %

Current Share Price is R70.97.
Afrimat's Dividends per Share for the trailing twelve months (TTM) ended in Today is R1.64.

Afrimat's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/70.97
=0.28 %

Current Share Price is R70.97.
Afrimat's Dividends per Share for the forward twelve months is calculated as R0.1 * 2 = R0.2.

* 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.


Afrimat  (JSE:AFT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Afrimat Dividend Yield % Related Terms

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


Afrimat Business Description

Traded in Other Exchanges
N/A
Address
Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It operates in Five segments: Construction Materials, which comprises aggregates, concrete-based products, and contracting operations; Industrial Minerals segment consists mainly of the sale of limestone, dolomite, and industrial sand; Bulk Commodities segment includes iron ore and anthracite; Services segment consists of Group shared services including IT services, consulting services, and Future Materials, and Metalsetc comprises phosphate. The phosphates are graded according to high, medium, or low. It operates in a single geographical segment, which is the African region.