Datatec Limited, together with its subsidiaries, provides information and communication technology (ICT) solutions and services worldwide. The company operates in three segments: Westcon International; Logicalis; and Corporate and Management Consulting. The Westcon International segment distributes cyber security, network infrastructure, unified collaboration products, data center solutions, channel support services, and financing/leasing solutions for ICT customers. It offers solutions through a network of service providers, systems integrators, and specialty resellers under the Westcon and Comstor brands. The Logicalis segment provides ICT infrastructure solutions and services. The Corporate and Management Consulting segment provides strategic, trusted advisory, modeling, and market intelligence services to the telecoms, media, and technology industries. Datatec Limited was founded in 1986 and is headquartered in Sandown, South Africa.
Datatec Dividend Announcement
• Datatec announced a semi annually dividend of R1353.13 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-12-04
• Datatec annual dividend for 2024 was R3724.45
• Datatec annual dividend for 2023 was R3533.60
• Datatec's trailing twelve-month (TTM) dividend yield is 0.81%
• Datatec's payout ratio for the trailing twelve months (TTM) is 17.94%
Datatec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-04 | R1353.13 | semi annually | 2024-12-09 |
2024-07-17 | R2371.32 | semi annually | 2024-07-22 |
2023-07-12 | R3533.60 | semi annually | 2023-07-17 |
2022-11-30 | R21720.39 | semi annually | 2022-12-05 |
2022-07-13 | R1888.02 | semi annually | 2022-07-18 |
2021-11-24 | R8206.10 | semi annually | 2021-11-29 |
2021-07-14 | R1451.26 | semi annually | 2021-07-19 |
2019-07-24 | R1406.30 | semi annually | 2019-07-29 |
2018-01-10 | R28438.27 | semi annually | 2018-01-15 |
2016-11-23 | R842.38 | semi annually | |
2016-07-20 | R1943.41 | semi annually | |
2015-11-23 | R1497.33 | semi annually | |
2015-07-13 | R1337.11 | semi annually | |
2014-11-24 | R966.39 | semi annually | |
2014-07-14 | R993.70 | semi annually | |
2013-11-25 | R815.58 | semi annually | |
2013-07-08 | R972.60 | semi annually | |
2012-11-28 | R44.16 | semi annually | |
2012-11-26 | R727.23 | semi annually | |
2012-07-09 | R729.87 | semi annually | |
2011-11-21 | R473.76 | semi annually | |
2011-07-04 | R591.67 | semi annually |
Datatec Dividend per year
Datatec Dividend growth
Datatec Dividend Yield
Datatec current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Datatec stock? Use our calculator to estimate your expected dividend yield:
Datatec Financial Ratios
Datatec Dividend FAQ
Other factors to consider when evaluating Datatec 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: Datatec'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, Datatec 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, Datatec 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 Datatec 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: Datatec 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, Datatec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Datatec 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 Datatec'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 Datatec'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.