Afric Industries (CAS:AFI) Dividend Payout Ratio : 2.11 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Afric Industries Dividend Payout Ratio?

Afric Industries's dividend payout ratio for the months ended in Dec. 2023 was 2.11.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Afric Industries SA is 1.31, which seems too high.

The historical rank and industry rank for Afric Industries's Dividend Payout Ratio or its related term are showing as below:

CAS:AFI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.65 Med: 1.04 Max: 1.39
Current: 1.31

During the past 8 years, the highest Dividend Payout Ratio of Afric Industries was 1.39. The lowest was 0.65. And the median was 1.04.

CAS:AFI's Dividend Payout Ratio is ranked worse than
92.63% of 217 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.45 vs CAS:AFI: 1.31

As of today (2024-05-16), the Dividend Yield % of Afric Industries is 6.15%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Afric Industries was 7.71%. The lowest was 4.89%. And the median was 6.47%.

Afric Industries's Dividends per Share for the months ended in Dec. 2023 was MAD20.00.

During the past 12 months, Afric Industries's average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Afric Industries was 10.10% per year. The lowest was 3.20% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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

Afric Industries Dividend Payout Ratio Historical Data

The historical data trend for Afric Industries's Dividend Payout Ratio 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.

Afric Industries Dividend Payout Ratio Chart

Afric Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

1.23

1.04

1.39

Afric Industries Semi-Annual Data
	Jun14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial													-	1.44	-	-	2.11

Competitive Comparison of Afric Industries's Dividend Payout Ratio

For the Furnishings, Fixtures & Appliances subindustry, Afric Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Afric Industries's Dividend Payout Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Afric Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Afric Industries's Dividend Payout Ratio falls into.

Afric Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Afric Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	20	/	14.394
	=	1.39

Afric Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	20	/	9.464
	=	2.11

Afric Industries (CAS:AFI) Dividend Payout Ratio Explanation

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.

Afric Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Afric Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Afric Industries (CAS:AFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Afric Industries SA (CAS:AFI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route de Tetouan, Lot 107, Zone Industrielle, Tangier, MAR, BP 368

Website

http://www.africindustries.com

Afric Industries SA is engaged in the development, production and marketing of abrasive products of all shapes and contents. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.

Afric Industries (CAS:AFI) Headlines

No Headlines