As of today (2024-05-27), the Trailing Annual Dividend Yield of Oceana Group is 5.98%.
Good Sign:
Oceana Group Ltd stock dividend yield is close to 1-year high.
The historical rank and industry rank for Oceana Group's Dividend Yield % or its related term are showing as below:
JSE:OCE'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.27 Med: 4.41 Max: 8.64
Current: 5.98
During the past 13 years, the highest Dividend Yield of Oceana Group was 8.64%. The lowest was 1.27%. And the median was 4.41%.
JSE:OCE's Dividend Yield % is ranked better than 90.84% of 1103
companies
in the Consumer Packaged Goods industry
Industry Median: 2.29
vs JSE:OCE: 5.98
During the past 12 months, Oceana Group's average Dividends Per Share Growth Rate was 38.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 0.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Oceana Group was 53.20% per year. The lowest was -32.60% per year. And the median was 12.15% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Oceana Group Dividend Yield % Historical Data
The historical data trend for Oceana Group'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.
Competitive Comparison of Oceana Group's Dividend Yield %
For the Packaged Foods subindustry, Oceana Group'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.
Oceana Group's Dividend Yield % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Oceana Group's Dividend Yield % falls into.
Oceana Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Oceana Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 3.050000
2023-12-20
2023-12-22
2023-12-27
Cash Dividend
semi-annually
ZAR:ZAR 1.000000
ZAR 1.300000
2023-06-21
2023-06-23
2023-06-26
Cash Dividend
semi-annually
ZAR: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.
Oceana Group's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
4.35
/
72.70
=
5.98 %
Current Share Price is R72.70. Oceana Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is R4.35.
Oceana Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
6.1
/
72.70
=
8.39 %
Current Share Price is R72.70. Oceana Group's Dividends per Share for the forward twelve months is calculated as R3.05 * 2 = R6.1.
* 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.
Oceana Group (JSE:OCE) 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.
Thank you for viewing the detailed overview of Oceana Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Oceana Group Ltd is an African fishing company focused on catching, procuring, processing, marketing, and distributing canned fish, fishmeal, fish oil, lobster, horse mackerel, squid, and hake. Oceana Group also provides refrigerated warehouse facilities and logistical support services. The company's principal market is the lower-end consumer who prefers canned fish and horse mackerel. The majority of Oceana Group's revenue is derived from South Africa and Nambia. The company operates through four segments: Canned Fish and Fishmeal (Africa), which contributes the majority portion of revenue; Fishmeal and Fish Oil (USA); Horse Mackerel, Hake, Lobster, and Squid; and Commercial Cold Storage Logistics.
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