Dis-Chem Pharmacies Limited, together with its subsidiaries, engages in the retail and wholesale of healthcare products and pharmaceuticals in South Africa. The company operates through two segments, Retail and Wholesale. It owns and operates a chain of retail stores that offers a range of products, including dispensary, personal care and beauty, healthcare and nutrition, baby care products, and other products, as well as offers ancillary services that include healthcare clinics, and hair and beauty salons. The company also manages an online platform that provides click & collect services. In addition, it is involved in the wholesale of pharmaceutical, health, and front shop products; pharma-logistic services; and provision of customer loyalty programs. The company operates 289 stores across all nine provinces in South Africa, four in Namibia, and two in Botswana. The company was founded in 1978 and is headquartered in Midrand, South Africa.
Dis-Chem Pharmacies Dividend Announcement
• Dis-Chem Pharmacies announced a semi annually dividend of R26.98 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-20
• Dis-Chem Pharmacies annual dividend for 2024 was R49.47
• Dis-Chem Pharmacies annual dividend for 2023 was R41.70
• Dis-Chem Pharmacies's trailing twelve-month (TTM) dividend yield is 1.33%
• Dis-Chem Pharmacies's payout ratio for the trailing twelve months (TTM) is 48.28%
Dis-Chem Pharmacies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-20 | R26.98 | semi annually | 2024-11-25 |
2024-06-19 | R22.49 | semi annually | 2024-06-24 |
2023-11-22 | R23.24 | semi annually | 2023-11-27 |
2023-06-07 | R18.45 | semi annually | 2023-06-12 |
2022-11-23 | R28.12 | semi annually | 2022-11-28 |
2022-06-08 | R20.20 | semi annually | 2022-06-13 |
2021-11-24 | R19.49 | semi annually | 2021-11-29 |
2021-06-09 | R31.10 | semi annually | 2021-06-14 |
2019-11-27 | R12.79 | semi annually | 2019-12-02 |
2019-06-05 | R13.47 | semi annually | 2019-06-10 |
2018-10-31 | R20.70 | semi annually | 2018-11-05 |
2018-05-23 | R12.74 | semi annually | 2018-05-28 |
2017-11-08 | R18.73 | semi annually | 2017-11-13 |
2017-05-31 | R7.35 | semi annually | 2017-06-05 |
Dis-Chem Pharmacies Dividend per year
Dis-Chem Pharmacies Dividend growth
Dis-Chem Pharmacies Dividend Yield
Dis-Chem Pharmacies current trailing twelve-month (TTM) dividend yield is 1.33%. Interested in purchasing Dis-Chem Pharmacies stock? Use our calculator to estimate your expected dividend yield:
Dis-Chem Pharmacies Financial Ratios
Dis-Chem Pharmacies Dividend FAQ
Other factors to consider when evaluating Dis-Chem Pharmacies 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: Dis-Chem Pharmacies'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, Dis-Chem Pharmacies 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, Dis-Chem Pharmacies 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 Dis-Chem Pharmacies 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: Dis-Chem Pharmacies 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, Dis-Chem Pharmacies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dis-Chem Pharmacies 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 Dis-Chem Pharmacies'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 Dis-Chem Pharmacies'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.