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AfroCentric Investment Corporation Limited, an investment holding company, provides health administration and health risk management solutions to the healthcare sector. The company operates through Healthcare SA, Healthcare Retail, Healthcare Africa, and Information Technology segments. It offers documentation based care equipment and administration services to 12 musculoskeletal treatment centers; and engages in the retail and wholesale of pharmaceutical products under the Pharmacy Direct, MMed, Scriptpharm Risk Management, Curasana Wholesaler, and Activo Health names. The company also provides HIV and other healthcare management solutions. It operates in South Africa, Botswana, Mauritius, Namibia, Eswatini, and Zimbabwe. AfroCentric Investment Corporation Limited was incorporated in 2008 and is based in Roodepoort, South Africa.

AfroCentric Investment Dividend Announcement

AfroCentric Investment announced a semi annually dividend of R11.00 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-05-08
AfroCentric Investment annual dividend for 2024 was R11.00
AfroCentric Investment's trailing twelve-month (TTM) dividend yield is 5.0%
AfroCentric Investment's payout ratio for the trailing twelve months (TTM) is 89.14%

AfroCentric Investment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-08R11.00semi annually2024-05-13
2022-11-09R17.00semi annually2022-11-14
2022-05-11R17.00semi annually2022-05-16
2021-11-10R17.00semi annually2021-11-15
2021-05-12R17.00semi annually2021-05-17
2020-11-11R17.00semi annually2020-11-16
2020-05-06R17.00semi annually2020-05-11
2019-10-30R17.00semi annually2019-11-04
2019-05-07R17.00semi annually2019-05-13
2018-11-07R16.00semi annually2018-11-12
2018-05-09R16.00semi annually2018-05-14
2017-11-08R14.00semi annually2017-11-13
2017-05-10R14.00semi annually2017-05-15
2016-11-09R12.00semi annually
2016-05-09R12.00semi annually
2015-10-19R10.00semi annually
2015-05-11R10.00semi annually
2014-11-24R18.00semi annually
2014-02-10R15.00semi annually
2012-12-10R10.50semi annually
2011-11-21R9.00semi annually
2011-01-10R7.50semi annually

AfroCentric Investment Dividend per year

AfroCentric Investment Dividend growth

AfroCentric Investment Dividend Yield

AfroCentric Investment current trailing twelve-month (TTM) dividend yield is 5.0%. Interested in purchasing AfroCentric Investment stock? Use our calculator to estimate your expected dividend yield:

AfroCentric Investment Financial Ratios

P/E ratio12.91
PEG ratio25.81
P/B ratio0.54
ROE4.07%
Payout ratio89.14%
Current ratio1.52
Quick ratio1.10
Cash Ratio0.31

AfroCentric Investment Dividend FAQ

How much is the next AfroCentric Investment dividend?
AfroCentric Investment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next AfroCentric Investment dividend. The next AfroCentric Investment dividend will be released in .
When is AfroCentric Investment dividend paid?
AfroCentric Investment pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does AfroCentric Investment pay?
The specific amount of AfroCentric Investment dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find AfroCentric Investment's dividend history.
Does AfroCentric Investment stock pay dividends?
Yes, AfroCentric Investment does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find AfroCentric Investment's dividend history.
How much dividend does AfroCentric Investment pay?
AfroCentric Investment paid R11.0 in 2024, R0.0 in 2023, R34.0 in 2022, R34.0 in 2021, and R34.0 in 2020.
How often does AfroCentric Investment pay dividends?
AfroCentric Investment typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is AfroCentric Investment's dividend yield?
The current dividend yield for AfroCentric Investment is 5.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate AfroCentric Investment's exact dividend yield.
When does AfroCentric Investment go ex dividend?
AfroCentric Investment's ex-dividend date for the latest dividend was on 2024-05-08. AfroCentric Investment typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next AfroCentric Investment dividend paid?
AfroCentric Investment pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will AfroCentric Investment increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether AfroCentric Investment will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is AfroCentric Investment dividend per share?
AfroCentric Investment paid R11.0 per share in 2024 and R0.0 per share in 2023. The amount of dividend per share that AfroCentric Investment pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is AfroCentric Investment a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is AfroCentric Investment a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is AfroCentric Investment a dividend stock?
Yes, AfroCentric Investment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is AfroCentric Investment a good dividend stock?
Whether AfroCentric Investment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. AfroCentric Investment has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating AfroCentric Investment 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.
Does AfroCentric Investment pay dividends monthly?
AfroCentric Investment typically pays dividends on a semi annually basis.
Does AfroCentric Investment pay dividends quarterly?
AfroCentric Investment currently pays dividends on a semi annually basis.
Has AfroCentric Investment ever paid a dividend?
Yes, AfroCentric Investment has a history of paying dividends to its shareholders. AfroCentric Investment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy AfroCentric Investment dividend stocks?
To buy AfroCentric Investment you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy AfroCentric Investment stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does AfroCentric Investment pay dividends 2024?
AfroCentric Investment pays dividends on a semi annually basis. 2024 dividend payments are in 2024-05-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will AfroCentric Investment increase its dividend in 2024?
Decisions regarding AfroCentric Investment dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date AfroCentric Investment dividend overview you can look into the above table of dividend history.
How AfroCentric Investment dividend works?
The AfroCentric Investment dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how AfroCentric Investment's dividend process works:

1. Determination of Dividend: AfroCentric Investment'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, AfroCentric Investment 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, AfroCentric Investment 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 AfroCentric Investment 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.
How are AfroCentric Investment dividends paid?
AfroCentric Investment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: AfroCentric Investment 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, AfroCentric Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: AfroCentric Investment 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.
How many times does AfroCentric Investment pay dividends?
AfroCentric Investment typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does AfroCentric Investment pay dividends?
The general pattern is that AfroCentric Investment pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is AfroCentric Investment dividend safe?
The safety of AfroCentric Investment's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of AfroCentric Investment'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 AfroCentric Investment'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.