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South Ocean Holdings (JSE:SOH) Dividend Yield % : 7.01% (As of Jun. 06, 2024)


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What is South Ocean Holdings Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of South Ocean Holdings is 7.01%.

Good Sign:

South Ocean Holdings Ltd stock dividend yield is close to 3-year high.

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

JSE:SOH' s Dividend Yield % Range Over the Past 10 Years
Min: 1.82   Med: 4.58   Max: 9
Current: 7.01

During the past 13 years, the highest Dividend Yield of South Ocean Holdings was 9.00%. The lowest was 1.82%. And the median was 4.58%.

JSE:SOH's Dividend Yield % is ranked better than
96.61% of 1888 companies
in the Industrial Products industry
Industry Median: 1.84 vs JSE:SOH: 7.01

South Ocean Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of South Ocean Holdings was 0.41. The lowest was 0.08. And the median was 0.14.

As of today (2024-06-06), the Forward Dividend Yield % of South Ocean Holdings is 7.01%.

South Ocean Holdings's Dividends per Share for the six months ended in Dec. 2023 was R0.00.

During the past 12 months, South Ocean Holdings's average Dividends Per Share Growth Rate was -33.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of South Ocean Holdings was -20.60% per year. The lowest was -20.60% per year. And the median was -20.60% per year.

The growth rate is calculated with least square regression.

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


South Ocean Holdings Dividend Yield % Historical Data

The historical data trend for South Ocean Holdings'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.

South Ocean Holdings Dividend Yield % Chart

South Ocean Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.40 7.44 5.45

South Ocean 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 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 2.40 6.25 7.44 5.41 5.45

Competitive Comparison of South Ocean Holdings's Dividend Yield %

For the Electrical Equipment & Parts subindustry, South Ocean Holdings'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.


South Ocean Holdings's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Ocean Holdings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where South Ocean Holdings's Dividend Yield % falls into.



South Ocean Holdings Dividend Yield % Calculation

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

South Ocean Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.1100002024-04-172024-04-192024-04-22Cash 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.

South Ocean Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.11/1.57
=7.01 %

Current Share Price is R1.57.
South Ocean Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.11.

South Ocean Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.11/1.57
=7.01 %

Current Share Price is R1.57.
South Ocean Holdings's Dividends per Share for the forward twelve months is calculated as R0.11 * 1 = R0.11.

* 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.


South Ocean Holdings  (JSE:SOH) 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.


South Ocean Holdings Dividend Yield % Related Terms

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


South Ocean Holdings (JSE:SOH) Business Description

Traded in Other Exchanges
N/A
Address
16 Botha Street, Alrode, ZAF, 1451
South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing and Property investments. The company earns maximum revenue by selling Copper cables The group operates in South Africa.

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