Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services to customers in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers. The company also provides messaging, value added, enterprise, and infrastructure sharing services, as well as support services; and sells handsets. In addition, it is involved in the investment activities. The company was incorporated in 2018 and is based in London, the United Kingdom. Airtel Africa Plc is a subsidiary of Airtel Africa Mauritius Limited.
Airtel Africa Dividend Announcement
• Airtel Africa announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-07
• Airtel Africa annual dividend for 2024 was $0.06
• Airtel Africa annual dividend for 2023 was $0.06
• Airtel Africa's trailing twelve-month (TTM) dividend yield is 6.38%
• Airtel Africa's payout ratio for the trailing twelve months (TTM) is -294.84%
Airtel Africa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.03 | semi annually | 2024-12-13 |
2024-06-20 | $0.04 | semi annually | 2024-07-26 |
2023-11-13 | $0.02 | semi annually | 2023-12-15 |
2023-06-22 | $0.03 | semi annually | 2023-07-26 |
2022-11-10 | $0.02 | semi annually | 2022-12-09 |
2022-06-23 | $0.03 | semi annually | 2022-07-22 |
Airtel Africa Dividend per year
Airtel Africa Dividend growth
Airtel Africa Dividend Yield
Airtel Africa current trailing twelve-month (TTM) dividend yield is 6.38%. Interested in purchasing Airtel Africa stock? Use our calculator to estimate your expected dividend yield:
Airtel Africa Financial Ratios
Airtel Africa Dividend FAQ
Other factors to consider when evaluating Airtel Africa 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: Airtel Africa'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, Airtel Africa 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, Airtel Africa 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 Airtel Africa 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: Airtel Africa 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, Airtel Africa distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Airtel Africa 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 Airtel Africa'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 Airtel Africa'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.