The Bidvest Group Limited operates in trading, services, and distribution businesses in South Africa and internationally. The company operates through Services, Branded Products, Freight, Automotive, Commercial Products, Financial Services, and Properties segments. It is involved in the online motor retailing and vehicle auctioneering activities; provision of road assistance, vehicle towing, tyre replacement/change, fuel top up, locksmith, and legal advice services; and manufacturing, distribution, and trading of consumer and industrial day-to-day branded products. The company also distributes electrical, cable and allied products, solutions, and services to wholesale, industrial, mining, contractor, construction, engineering, and retail sectors; and provides a range of banking, insurance, foreign exchange, fleet management, asset management, trade finance, financial emigration, wealth externalization, and other financial services for the corporate, business, and individual markets. In addition, it offers freight management services; terminal operations and support, international clearing and freight forwarding, integrated logistics, supply chain solutions, and marine and insurance services; a suite of services relating to office products, office automation, and office furniture; outsourced customer communication services; facilities management, security, travel, aviation, and allied services; and commercial, industrial, financial, automotive, freight, and logistics services, as well as supplies stationery, paper or printer cartridges, and packaging and data services. Further, the company manufactures, markets, and distributes healthcare products; develops, owns, and manages various properties; and provides professional property services, as well as engages in the food and distribution business. The Bidvest Group Limited was founded in 1988 and is headquartered in Johannesburg, South Africa.
Bidvest Dividend Announcement
• Bidvest announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-27
• Bidvest annual dividend for 2024 was $0.06
• Bidvest annual dividend for 2023 was $0.05
• Bidvest's trailing twelve-month (TTM) dividend yield is 2.99%
• Bidvest's payout ratio for the trailing twelve months (TTM) is 51.19%
• Bidvest's dividend growth over the last five years (2018-2023) was -4.79% year
• Bidvest's dividend growth over the last ten years (2013-2023) was -10.85% year
Bidvest Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.03 | semi annually | 2024-10-10 |
2024-03-27 | $0.03 | semi annually | 2024-04-12 |
2023-09-28 | $0.02 | semi annually | 2023-10-12 |
2023-03-30 | $0.03 | semi annually | 2023-04-13 |
2022-09-29 | $0.02 | semi annually | 2022-10-13 |
2022-03-24 | $0.03 | semi annually | 2022-04-07 |
2021-09-30 | $0.03 | semi annually | 2021-10-14 |
2021-03-25 | $0.03 | semi annually | 2021-04-08 |
2020-03-26 | $0.02 | semi annually | 2020-04-09 |
2019-09-19 | $0.03 | semi annually | 2019-10-03 |
2019-03-21 | $0.03 | semi annually | 2019-04-04 |
2018-09-20 | $0.03 | semi annually | 2018-10-05 |
2018-03-15 | $0.04 | semi annually | 2018-03-29 |
2017-03-15 | $0.03 | semi annually | 2017-03-30 |
2016-09-21 | $0.02 | semi annually | |
2016-07-11 | $2.39 | semi annually | |
2016-04-06 | $0.04 | semi annually | |
2015-09-23 | $0.05 | semi annually | |
2015-04-15 | $0.06 | semi annually | |
2014-10-08 | $0.07 | semi annually | |
2014-04-09 | $0.07 | semi annually | |
2013-09-18 | $0.08 | semi annually | |
2013-03-26 | $0.08 | semi annually |
Bidvest Dividend per year
Bidvest Dividend growth
Bidvest Dividend Yield
Bidvest current trailing twelve-month (TTM) dividend yield is 2.99%. Interested in purchasing Bidvest stock? Use our calculator to estimate your expected dividend yield:
Bidvest Financial Ratios
Bidvest Dividend FAQ
Other factors to consider when evaluating Bidvest 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: Bidvest'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, Bidvest 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, Bidvest 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 Bidvest 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: Bidvest 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, Bidvest distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bidvest 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 Bidvest'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 Bidvest'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.