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African Media Entertainment (JSE:AME) Dividend Yield % : 9.72% (As of May. 23, 2024)


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What is African Media Entertainment Dividend Yield %?

As of today (2024-05-23), the Trailing Annual Dividend Yield of African Media Entertainment is 9.72%.

The historical rank and industry rank for African Media Entertainment's Dividend Yield % or its related term are showing as below:

JSE:AME' s Dividend Yield % Range Over the Past 10 Years
Min: 1.21   Med: 5.83   Max: 14
Current: 9.72

During the past 13 years, the highest Dividend Yield of African Media Entertainment was 14.00%. The lowest was 1.21%. And the median was 5.83%.

JSE:AME's Dividend Yield % is ranked better than
96.67% of 390 companies
in the Media - Diversified industry
Industry Median: 2.65 vs JSE:AME: 9.72

African Media Entertainment's Dividend Payout Ratio for the six months ended in Sep. 2023 was 1.21.

During the past 13 years, the highest Dividend Payout Ratio of African Media Entertainment was 0.64. The lowest was 0.37. And the median was 0.57.

As of today (2024-05-23), the Forward Dividend Yield % of African Media Entertainment is 9.72%.

African Media Entertainment's Dividends per Share for the six months ended in Sep. 2023 was R2.50.

During the past 12 months, African Media Entertainment's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of African Media Entertainment was 51.80% per year. The lowest was -24.60% per year. And the median was 5.30% per year.

The growth rate is calculated with least square regression.

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


African Media Entertainment Dividend Yield % Historical Data

The historical data trend for African Media Entertainment'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.

* Premium members only.

African Media Entertainment Dividend Yield % Chart

African Media Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 7.50 - 3.91 9.52

African Media Entertainment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.70 3.91 8.06 9.52 10.94

Competitive Comparison of African Media Entertainment's Dividend Yield %

For the Broadcasting subindustry, African Media Entertainment'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.


African Media Entertainment's Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, African Media Entertainment's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where African Media Entertainment's Dividend Yield % falls into.



African Media Entertainment Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

African Media Entertainment Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 1.0000002023-12-122023-12-142023-12-18Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 2.5000002023-07-052023-07-072023-07-10Cash Dividendsemi-annuallyZAR: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.

African Media Entertainment's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.5/36.00
=9.72 %

Current Share Price is R36.00.
African Media Entertainment's Dividends per Share for the trailing twelve months (TTM) ended in Today is R3.5.

African Media Entertainment's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2/36.00
=5.56 %

Current Share Price is R36.00.
African Media Entertainment's Dividends per Share for the forward twelve months is calculated as R1 * 2 = R2.

* 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.


African Media Entertainment  (JSE:AME) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


African Media Entertainment Dividend Yield % Related Terms

Thank you for viewing the detailed overview of African Media Entertainment's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


African Media Entertainment (JSE:AME) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, 8th Street, Block A, Oxford Office Park, Houghton Estate, Johannesburg, GT, ZAF, 2198
African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.

African Media Entertainment (JSE:AME) Headlines

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