GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Discovery Ltd (JSE:DSY) » Definitions » Dividend Yield %

Discovery (JSE:DSY) Dividend Yield % : 1.49% (As of May. 25, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Discovery Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Discovery is 1.49%.

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

JSE:DSY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.94   Med: 1.36   Max: 3.17
Current: 1.49

During the past 13 years, the highest Dividend Yield of Discovery was 3.17%. The lowest was 0.94%. And the median was 1.36%.

JSE:DSY's Dividend Yield % is ranked worse than
84.05% of 395 companies
in the Insurance industry
Industry Median: 3.52 vs JSE:DSY: 1.49

Discovery's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.22.

During the past 13 years, the highest Dividend Payout Ratio of Discovery was 0.38. The lowest was 0.09. And the median was 0.25.

As of today (2024-05-25), the Forward Dividend Yield % of Discovery is 1.49%.

Discovery's Dividends per Share for the six months ended in Dec. 2023 was R1.10.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Discovery was 26.40% per year. The lowest was 6.50% per year. And the median was 16.50% per year.

The growth rate is calculated with least square regression.

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


Discovery Dividend Yield % Historical Data

The historical data trend for Discovery'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.

Discovery Dividend Yield % Chart

Discovery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 2.06 - - -

Discovery Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 0.77

Competitive Comparison of Discovery's Dividend Yield %

For the Insurance - Life subindustry, Discovery'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.


Discovery's Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Discovery's Dividend Yield % distribution charts can be found below:

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



Discovery Dividend Yield % Calculation

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

Discovery Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.6500002024-04-172024-04-192024-04-22Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 1.1000002023-10-112023-10-132023-10-16Cash DividendannuallyZAR: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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.75/117.69
=1.49 %

Current Share Price is R117.69.
Discovery's Dividends per Share for the trailing twelve months (TTM) ended in Today is R1.75.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.3/117.69
=1.10 %

Current Share Price is R117.69.
Discovery's Dividends per Share for the forward twelve months is calculated as R0.65 * 2 = R1.3.

* 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.


Discovery  (JSE:DSY) 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.


Discovery Dividend Yield % Related Terms

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


Discovery (JSE:DSY) Business Description

Traded in Other Exchanges
Address
1 Discovery Place, Sandton, Johannesburg, GT, ZAF, 2196
Discovery Ltd sells multiple insurance products and provides investment management services. The company has reportable segments based on a combination of products and services which are Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Insure South Africa, Bank South Africa, Health United Kingdom, Life United Kingdom, and other segment which include SA insure, SA bank, SA distribution, vitality group. It serves employers for health insurance, as well as individual clients who buy health and life insurance and investment products across the UK, US, China, Singapore, and Australia.

Discovery (JSE:DSY) Headlines