Afrocentric Investment (JSE:ACT) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Afrocentric Investment Dividend Payout Ratio?

Afrocentric Investment's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

JSE:ACT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.59 Max: 0.94
Current: 0.59

During the past 13 years, the highest Dividend Payout Ratio of Afrocentric Investment was 0.94. The lowest was 0.01. And the median was 0.59.

JSE:ACT's Dividend Payout Ratio is ranked worse than
69.51% of 223 companies
in the Healthcare Providers & Services industry
Industry Median: 0.39 vs JSE:ACT: 0.59

As of today (2024-05-23), the Dividend Yield % of Afrocentric Investment is 3.89%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Afrocentric Investment was 11.58%. The lowest was 2.19%. And the median was 5.61%.

Afrocentric Investment's Dividends per Share for the months ended in Dec. 2023 was R0.00.

During the past 12 months, Afrocentric Investment's average Dividends Per Share Growth Rate was -100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Afrocentric Investment was 28.00% per year. The lowest was -20.60% per year. And the median was 6.85% per year.

The growth rate is calculated with least square regression.

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

Afrocentric Investment Dividend Payout Ratio Historical Data

The historical data trend for Afrocentric Investment'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.

Afrocentric Investment Dividend Payout Ratio Chart

Afrocentric Investment Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.68

0.62

0.57

0.64

0.49

Afrocentric Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															0.65	0.63	0.01	-	-

Competitive Comparison of Afrocentric Investment's Dividend Payout Ratio

For the Medical Care Facilities subindustry, Afrocentric Investment'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.

Afrocentric Investment's Dividend Payout Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Afrocentric Investment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Afrocentric Investment's Dividend Payout Ratio falls into.

Afrocentric Investment Dividend Payout Ratio Calculation

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

Afrocentric Investment's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.17	/	0.349
	=	0.49

Afrocentric Investment'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 )
	=	0	/	20.91
	=	0.00

Afrocentric Investment (JSE:ACT) 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.

Afrocentric Investment Dividend Payout Ratio Related Terms

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

Afrocentric Investment (JSE:ACT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Afrocentric Investment Corp Ltd (JSE:ACT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

37 Conrad Road, Florida North, Roodepoort, ZAF, 1709

Website

http://www.afrocentric.za.com

Afrocentric Investment Corp Ltd is a black-owned investment holding company with an investment portfolio focused on services to the healthcare sector. It seeks to invest in healthcare-related businesses that demonstrate prospects for growth as well as diversify its revenue sources while contributing to the sustainable health and welfare of South African communities. The company provides health administration and health risk management solutions to the healthcare industry. It also provides a range of complementary services to its traditional medical scheme clients and a portfolio of healthcare-related enterprises. These services include information technology solutions, transactional switching, specialized disease management, pharmaceutical wholesaling, amongst others.