Rand Merchant Investment Holdings

Rand Merchant Investment Holdings Dividend 2024

Rand Merchant Investment Holdings Dividend

1.66 ZAR

Rand Merchant Investment Holdings Dividend yield

0.05 %

Ticker

RMI.JO

ISIN

ZAE000210688

WKN

A2ADRV

How much dividend does Rand Merchant Investment Holdings 2024 pay?

According to the latest status from June 2024, Rand Merchant Investment Holdings paid a total of 1.66 ZAR per share in dividends within the last 12 months. With the current Rand Merchant Investment Holdings price of 3,592 ZAR, this corresponds to a dividend yield of 0.05 %. A dividend is paid times per year.

0.05 % Dividend Yield=
1.66 ZAR Dividend
3,592 ZAR Stock Price

Historical Rand Merchant Investment Holdings Dividends

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

PaydateDividend
5/20/20221.66
11/20/20210.23
5/14/20210.23
5/1/20200.45
11/30/20190.65
5/3/20190.45
11/17/20180.65
5/4/20180.39
11/4/20170.65
4/29/20170.53
11/5/20160.65
4/24/20160.53
11/5/20150.64
4/23/20150.52
11/6/20140.62
4/24/20140.46
11/7/20130.55
4/28/20130.4
11/8/20120.5
4/26/20120.3
1
2

Is the Rand Merchant Investment Holdings Dividend Safe?

Rand Merchant Investment Holdings has been increasing the dividend for 2 years.

Over the past 10 years, Rand Merchant Investment Holdings has increased it by an annual 7.54 %.

Over a five-year period, the distribution increased by 7%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Dividend Details

Understanding Rand Merchant Investment Holdings's Dividend Distributions

Rand Merchant Investment Holdings’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 Rand Merchant Investment Holdings'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

Rand Merchant Investment Holdings'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 Rand Merchant Investment Holdings’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.

Rand Merchant Investment Holdings Aktienanalyse

What does Rand Merchant Investment Holdings do?

Rand Merchant Investment Holdings Ltd (RMI) is a South African holding company that was founded in 2010 and is headquartered in Johannesburg. RMI has roots dating back to 1977 when FirstRand Bank was established, which later led to the formation of RMI. RMI is a publicly traded company and holds investments in various financial service providers in South Africa, the United Kingdom, and Australia. Its business strategy focuses on establishing long-term relationships with its investments and supporting them in their development. RMI has three main business segments, which include FirstRand Limited, Discovery Limited, and RMI Investment Managers. FirstRand is an integrated financial services company that offers banking, insurance, and investment services. Discovery is an insurance and financial services company specializing in health, life, property and casualty insurance, and asset management. RMI Investment Managers is an investment firm that invests in assets held by RMI. The products offered by RMI's investments include banking services, insurance services, asset management, investment products such as stocks, bonds, and alternative investments, as well as health and wellness programs. These services are provided to both retail and business customers. RMI's history traces back to the founding of FirstRand Bank in 1977. Over the years, the company has expanded its business operations and invested in other financial services companies. In 2010, RMI was established as a holding company to manage and further develop its portfolio of investments. RMI's business model is based on long-term strategic partnerships with its investments. RMI invests in companies that have the ability to generate growth potential and achieve long-term value creation. RMI supports its investments in developing and implementing growth strategies and provides them with resources. RMI closely collaborates with its investments to ensure they adhere to the highest standards of corporate governance, risk management, and sustainable business practices. RMI's focus on long-term growth and sustainable business practices is also reflected in the investment philosophy of RMI Investment Managers. Overall, RMI is a significant player in the South African financial services industry and has successfully established itself in other parts of the world. The company pursues a long-term oriented strategy and aligns with the highest standards of corporate governance and sustainability. Rand Merchant Investment Holdings is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Rand Merchant Investment Holdings Stock

How much dividend does Rand Merchant Investment Holdings pay?

Over the past 12 months, Rand Merchant Investment Holdings paid a dividend of 1.66 ZAR . This corresponds to a dividend yield of about 0.05 %. For the coming 12 months, Rand Merchant Investment Holdings is expected to pay a dividend of 1.66 ZAR.

What is the dividend yield of Rand Merchant Investment Holdings?

The current dividend yield of Rand Merchant Investment Holdings is 0.05 %.

When does Rand Merchant Investment Holdings pay dividends?

Rand Merchant Investment Holdings pays a quarterly dividend. This is distributed in the months of May, May, November, May.

How secure is the dividend of Rand Merchant Investment Holdings?

Rand Merchant Investment Holdings paid dividends every year for the past 12 years.

What is the dividend of Rand Merchant Investment Holdings?

For the upcoming 12 months, dividends amounting to 1.66 ZAR are expected. This corresponds to a dividend yield of 0.05 %.

In which sector is Rand Merchant Investment Holdings located?

Rand Merchant Investment Holdings is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Rand Merchant Investment Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Rand Merchant Investment Holdings from 4/25/2022 amounting to 1.655 ZAR, you needed to have the stock in your portfolio before the ex-date on 4/20/2022.

When did Rand Merchant Investment Holdings pay the last dividend?

The last dividend was paid out on 4/25/2022.

What was the dividend of Rand Merchant Investment Holdings in the year 2023?

In the year 2023, Rand Merchant Investment Holdings distributed 0.45 ZAR as dividends.

In which currency does Rand Merchant Investment Holdings pay out the dividend?

The dividends of Rand Merchant Investment Holdings are distributed in ZAR.

Andere Kennzahlen von Rand Merchant Investment Holdings

Our stock analysis for Rand Merchant Investment Holdings 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 Rand Merchant Investment Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.