As of today (2024-05-25), the Trailing Annual Dividend Yield of Afrocentric Investment is 4.07%.
Warning Sign:
Afrocentric Investment Corp Ltd stock dividend yield is close to 5-year low.
The historical rank and industry rank for Afrocentric Investment's Dividend Yield % or its related term are showing as below:
JSE:ACT'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.19 Med: 5.61 Max: 11.58
Current: 4.07
During the past 13 years, the highest Dividend Yield of Afrocentric Investment was 11.58%. The lowest was 2.19%. And the median was 5.61%.
JSE:ACT's Dividend Yield % is ranked better than 84.09% of 264
companies
in the Healthcare Providers & Services industry
Industry Median: 2.05
vs JSE:ACT: 4.07
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 Yield % Historical Data
The historical data trend for Afrocentric Investment's Dividend Yield % 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.
Competitive Comparison of Afrocentric Investment's Dividend Yield %
For the Medical Care Facilities subindustry, Afrocentric Investment's Dividend Yield %, along with its competitors' market caps and 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.
Afrocentric Investment's Dividend Yield % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Afrocentric Investment's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Afrocentric Investment's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Afrocentric Investment Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 0.110000
2024-05-08
2024-05-10
2024-05-13
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.
* 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.
Afrocentric Investment Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Afrocentric Investment's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Afrocentric Investment (JSE:ACT) Business Description
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.
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