African Media Entertainment Limited, together with its subsidiaries, engages in radio broadcasting business in South Africa. It operates in Radio Broadcasters and Media Services segments. The company's radio stations include Algoa FM, which broadcasts from the Garden Route to the Wild Coast; and OFM, the glue that connects radio listeners across the central and northern regions of South Africa. It also operates MediaHeads 360, which develops and implements integrated, strategic, and creative marketing campaigns in multiple media platforms; Moneyweb that publishes financial and investment content on various digital properties and print publications; United Stations, a radio and digital media sales house; Mahareng that offers custom design and printing services, and logo design packages; Digital Platforms, a strategic website design and development company; and central media group, which provides various media and marketing solutions to businesses. African Media Entertainment Limited was founded in 1997 and is based in Johannesburg, South Africa.
African Media Entertainment Dividend Announcement
• African Media Entertainment announced a semi annually dividend of R350.00 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-10
• African Media Entertainment annual dividend for 2024 was R350.00
• African Media Entertainment annual dividend for 2023 was R350.00
• African Media Entertainment's trailing twelve-month (TTM) dividend yield is 10.82%
• African Media Entertainment's payout ratio for the trailing twelve months (TTM) is 52.73%
African Media Entertainment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | R350.00 | semi annually | 2024-07-15 |
2023-12-12 | R100.00 | semi annually | 2023-12-18 |
2023-07-05 | R250.00 | semi annually | 2023-07-10 |
2022-12-13 | R100.00 | semi annually | 2022-12-19 |
2022-07-06 | R200.00 | semi annually | 2022-07-11 |
2021-12-14 | R80.00 | semi annually | 2021-12-20 |
2021-07-07 | R100.00 | semi annually | 2021-07-12 |
2019-07-10 | R150.00 | semi annually | 2019-07-15 |
2019-01-09 | R80.00 | semi annually | 2019-01-14 |
2018-07-11 | R200.00 | semi annually | 2018-07-16 |
2018-01-24 | R100.00 | semi annually | 2018-01-29 |
2017-07-05 | R250.00 | semi annually | 2017-07-10 |
2017-01-11 | R100.00 | semi annually | 2017-01-16 |
2016-06-27 | R250.00 | semi annually | |
2016-01-11 | R100.00 | semi annually | |
2015-07-06 | R250.00 | semi annually | |
2015-01-05 | R100.00 | semi annually | |
2014-07-21 | R200.00 | semi annually | |
2013-12-09 | R100.00 | semi annually | |
2013-07-22 | R200.00 | semi annually | |
2012-12-10 | R100.00 | semi annually |
African Media Entertainment Dividend per year
African Media Entertainment Dividend growth
African Media Entertainment Dividend Yield
African Media Entertainment current trailing twelve-month (TTM) dividend yield is 10.82%. Interested in purchasing African Media Entertainment stock? Use our calculator to estimate your expected dividend yield:
African Media Entertainment Financial Ratios
African Media Entertainment Dividend FAQ
Other factors to consider when evaluating African Media Entertainment as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: African Media Entertainment's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, African Media Entertainment publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, African Media Entertainment distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from African Media Entertainment are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: African Media Entertainment sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, African Media Entertainment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: African Media Entertainment declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of African Media Entertainment's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review African Media Entertainment's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.