Absa Group Stock

Absa Group Dividend 2024

Absa Group Dividend

13.35 ZAR

Absa Group Dividend yield

0.08 %

Ticker

ABG.JO

ISIN

ZAE000255915

WKN

A2JE9V

How much dividend does Absa Group 2024 pay?

According to the latest status from October 2024, Absa Group paid a total of 13.35 ZAR per share in dividends within the last 12 months. With the current Absa Group price of 17,204.62 ZAR, this corresponds to a dividend yield of 0.08 %. A dividend is paid times per year.

0.08 % Dividend Yield=
13.35 ZAR Dividend
17,204.62 ZAR Stock Price

Historical Absa Group Dividends

A dividend is paid times per year. Last year, the payout months were May and October.

PaydateDividend
10/13/20240.38
10/11/20246.85
5/17/20246.85
10/13/20236.85
5/19/20236.5
10/14/20226.5
5/20/20224.75
10/15/20213.1
5/15/20206.2
10/11/20195.05
5/10/20196.2
10/12/20184.9
5/11/20185.95
10/6/20174.75
5/5/20175.7
10/7/20164.6
5/4/20165.5
10/7/20154.5
5/13/20155.25
10/8/20144
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2
3
4

Absa Group dividend history and estimates

In 2023, Absa Group paid a dividend amounting to 13.35 ZAR. Dividend means that Absa Group distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Absa Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Absa Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Absa Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Absa Group Dividend History

DateAbsa Group Dividend
2026e14.43 ZAR
2025e14.41 ZAR
2024e14.56 ZAR
202313.35 ZAR
202211.25 ZAR
20213.1 ZAR
20206.2 ZAR
201911.25 ZAR
201810.85 ZAR
201710.45 ZAR
201610.1 ZAR
20159.75 ZAR
20148.7 ZAR
201314.27 ZAR
20127.07 ZAR
20115.22 ZAR
20104.45 ZAR
20095.55 ZAR
20085.85 ZAR
20075.05 ZAR
20063.43 ZAR
20053.6 ZAR
20042.05 ZAR

Is the Absa Group Dividend Safe?

Absa Group has been increasing the dividend for 2 years.

Over the past 10 years, Absa Group has increased it by an annual -0.664 %.

Over a five-year period, the distribution increased by 4.234%.

Analysts expect a Dividend Increase of 4.417% for the current fiscal year.

Absa Group dividend payout ratio

In 2023, Absa Group had a payout ratio of 49.34%. The payout ratio indicates the percentage of the company's profits that Absa Group distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Absa Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Absa Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Absa Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Absa Group Payout Ratio History

DateAbsa Group Payout ratio
2026e43.39 %
2025e44.11 %
2024e36.71 %
202349.34 %
202246.29 %
202114.51 %
202087.2 %
201965.6 %
201864.85 %
201762.73 %
201658.15 %
201557.66 %
201455.81 %
2013100.99 %
201260.02 %
201138.84 %
201039.52 %
200957.69 %
200838.56 %
200737.66 %
200629.72 %
200552.1 %
200425.62 %

Dividend Details

Understanding Absa Group's Dividend Distributions

Absa Group’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Absa Group's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Absa Group's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Absa Group’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Absa Group Aktienanalyse

What does Absa Group do?

The Absa Group Ltd is one of the leading banks in Africa and is headquartered in Johannesburg, South Africa. The bank was originally founded in 1991 under the name Amalgamated Banks of South Africa. Since then, the company has undergone significant development and is now active throughout the African continent as Absa Group Ltd. Absa's business model is based on offering financial services such as loans, savings accounts, insurance, and investment products to build long-term customer loyalty and trust. The bank focuses on both retail and business customers, as well as small businesses. In the investment banking sector, Absa Group Ltd offers a wide range of financial services, ranging from mergers and acquisitions to asset management. The bank also operates in umbrella sectors, including asset management, treasury, and risk management. Absa Group Ltd operates in eleven African countries and is a market leader in southern Africa and one of the largest banking groups on the continent. The company employs over 32,000 people. The key countries where the bank operates include South Africa, Uganda, Ghana, Kenya, and Tanzania. A key focus of Absa Group Ltd is supporting the economy of the African continent. The bank is involved in numerous initiatives to promote economic growth and sustainability. In 2018, the bank launched an economic forum with the goal of increasing business opportunities and investments in Africa. Another initiative is the Absa Culture Program, which aims to promote art and culture in Africa. Absa's product portfolio is diverse and includes loans, accounts, insurance, and investment products. The bank offers both traditional and digital services, including a mobile app, online banking, mobile money transfers, and a digital exchange. One of Absa's main products is the current account, which caters to retail customers and businesses. The account provides basic banking services such as transfers, cash withdrawals, account statements, and deposit facilities. Absa also offers various card options, including debit cards and credit cards. Another core product is loans, which are provided to both retail and business customers. The bank ensures that its borrowers have a stable financial situation and that the loan has a positive impact on the borrowers. Absa also offers a special SME (Small and Medium Enterprises) loan offering aimed at supporting small businesses and helping them grow. Asset management is another major focus for Absa. The bank offers investment products such as stocks, bonds, investment funds, and hedge funds to help customers diversify their wealth and maximize return on investment (ROI). In summary, Absa Group Ltd is one of the largest and most successful banking groups in Africa. With its wide range of financial services, strong presence on the continent, and commitment to economic growth and sustainability, the bank has established itself as a key player in the African financial industry. Absa Group is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Absa Group stock

How much dividend does Absa Group pay?

Over the past 12 months, Absa Group paid a dividend of 13.35 ZAR . This corresponds to a dividend yield of about 0.08 %. For the coming 12 months, Absa Group is expected to pay a dividend of 14.41 ZAR.

What is the dividend yield of Absa Group?

The current dividend yield of Absa Group is 0.08 %.

When does Absa Group pay dividends?

Absa Group pays a quarterly dividend. This is distributed in the months of October, May, October, October.

How secure is the dividend of Absa Group?

Absa Group paid dividends every year for the past 23 years.

What is the dividend of Absa Group?

For the upcoming 12 months, dividends amounting to 14.41 ZAR are expected. This corresponds to a dividend yield of 0.08 %.

In which sector is Absa Group located?

Absa Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Absa Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Absa Group from 9/16/2024 amounting to 0.38 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Absa Group pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Absa Group in the year 2023?

In the year 2023, Absa Group distributed 11.25 ZAR as dividends.

In which currency does Absa Group pay out the dividend?

The dividends of Absa Group are distributed in ZAR.

Andere Kennzahlen von Absa Group

Our stock analysis for Absa Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Absa Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.