As of today (2024-04-30), the Forward Annual Dividend Yield of Italtile is 5.02%.
As of today (2024-04-30), the Trailing Annual Dividend Yield of Italtile is 5.02%.
JSE:ITE's Forward Dividend Yield % is ranked better than 75.97% of 566
companies
in the Retail - Cyclical industry
Industry Median: 2.9
vs JSE:ITE: 5.02
During the past 12 months, Italtile's average Dividends Per Share Growth Rate was -13.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 12.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 15.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Italtile was 51.80% per year. The lowest was -2.40% per year. And the median was 15.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Italtile's Forward Dividend Yield %
For the Home Improvement Retail subindustry, Italtile's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.
Italtile's Forward Dividend Yield % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Italtile's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Italtile's Forward Dividend Yield % falls into.
Italtile Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Italtile Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 0.270
2024-03-06
2024-03-08
2024-03-11
Cash Dividend
semi-annually
ZAR:ZAR 1.000000
ZAR 0.210
2023-09-13
2023-09-15
2023-09-18
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.
Italtile's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.54
/
9.50
=
5.68 %
Current Share Price is R9.50. Italtile's Dividends per Share for the forward twelve months is calculated as R0.27 * 2 = R0.54.
Italtile's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.48
/
9.50
=
5.05 %
Current Share Price is R9.50. Italtile's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.48.
* 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.
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 Italtile's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Italtile Ltd is a South Africa-based retailer of imported and local ceramic tiles, bathroom accessories, and related products. Its core business segments into five areas: retail, franchising, properties, manufacturing, and supply and support services. The company's four brands - Italtile, CTM, topT, and U-Light -provide tiles, bath fixtures, home finishing products, lighting, and other accessories. Its manufacturing includes the production of tiles, sanitaryware, baths, adhesive and related products. Italtile derives the majority of its pretax profit from South Africa, predominantly from its retail segment and secondarily from its manufacturing operations.
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