Discovery Limited provides various insurance products and services primarily in South Africa, the United Kingdom, and the United States. It operates through Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Insure South Africa, Bank South Africa, Health United Kingdom, Life United Kingdom, and All Other segments. The company offers health, life, car, and home insurance products; motor, building, household content, and portable possessions insurance products; and commercial short-term risk insurance products. It also provides investment products and credit cards; retail banking solutions; and Vitality, which offers health and lifestyle benefits, such as rewards for living healthier, driving well, and banking well. The company was formerly known as Discovery Holdings Limited and changed its name to Discovery Limited in December 2012. Discovery Limited was incorporated in 1992 and is based in Sandton, South Africa.
Discovery Dividend Announcement
• Discovery announced a semi annually dividend of R152.00 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-16
• Discovery annual dividend for 2024 was R217.00
• Discovery annual dividend for 2023 was R110.00
• Discovery's trailing twelve-month (TTM) dividend yield is 0.37%
• Discovery's payout ratio for the trailing twelve months (TTM) is 20.69%
Discovery Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-16 | R152.00 | semi annually | 2024-10-21 |
| 2024-04-17 | R65.00 | semi annually | |
| 2023-10-11 | R110.00 | semi annually | 2023-10-16 |
| 2020-03-18 | R101.00 | semi annually | 2020-03-23 |
| 2019-10-02 | R114.00 | semi annually | 2019-10-07 |
| 2019-03-13 | R101.00 | semi annually | 2019-03-18 |
| 2018-10-03 | R114.00 | semi annually | 2018-10-08 |
| 2018-03-14 | R101.00 | semi annually | 2018-03-19 |
| 2017-10-04 | R98.00 | semi annually | 2017-10-09 |
| 2017-03-15 | R88.00 | semi annually | 2017-03-20 |
| 2016-10-05 | R90.00 | semi annually | |
| 2016-03-14 | R85.50 | semi annually | |
| 2015-10-05 | R89.00 | semi annually | |
| 2015-03-16 | R85.50 | semi annually | |
| 2014-10-06 | R75.94 | semi annually | |
| 2014-03-14 | R71.07 | semi annually | |
| 2013-10-07 | R62.80 | semi annually | |
| 2013-03-15 | R58.41 | semi annually | |
| 2012-10-08 | R52.09 | semi annually | |
| 2012-03-16 | R48.68 | semi annually | |
| 2011-10-10 | R46.73 | semi annually | |
| 2011-03-14 | R40.89 | semi annually |
Discovery Dividend per year
Discovery Dividend growth
Discovery Dividend Yield
Discovery current trailing twelve-month (TTM) dividend yield is 0.37%. Interested in purchasing Discovery stock? Use our calculator to estimate your expected dividend yield:
Discovery Financial Ratios
P/E ratio16.38
PEG ratio-3423.54
P/B ratio2.07
ROE13.34%
Payout ratio20.69%
Current ratio3161.83
Quick ratio3161.83
Cash Ratio3161.83
Discovery Dividend FAQ
How much is the next Discovery dividend?
Discovery's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Discovery dividend. The next Discovery dividend will be released in October.
When is Discovery dividend paid?
Discovery pays dividends on a semi annually basis. The specific dates may vary each year but are generally around October. 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 Discovery pay?
The specific amount of Discovery 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 Discovery's dividend history.
Does Discovery stock pay dividends?
Yes, Discovery 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 Discovery's dividend history.
How much dividend does Discovery pay?
Discovery paid R217.0 in 2024, R110.0 in 2023, R0.0 in 2022, R0.0 in 2021, and R101.0 in 2020.
How often does Discovery pay dividends?
Discovery 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 October.
What is Discovery's dividend yield?
The current dividend yield for Discovery is 0.37%. 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 Discovery's exact dividend yield.
When does Discovery go ex dividend?
Discovery's ex-dividend date for the latest dividend was on 2024-10-16. Discovery 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 Discovery dividend paid?
Discovery pays dividends on a semi annually basis, typically around October, but the exact dates can vary each year.
Will Discovery 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 Discovery 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 Discovery dividend per share?
Discovery paid R217.0 per share in 2024 and R110.0 per share in 2023. The amount of dividend per share that Discovery 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 Discovery 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 Discovery 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 Discovery a dividend stock?
Yes, Discovery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Discovery a good dividend stock?
Whether Discovery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Discovery has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Discovery 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.
Other factors to consider when evaluating Discovery 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 Discovery pay dividends monthly?
Discovery typically pays dividends on a semi annually basis.
Does Discovery pay dividends quarterly?
Discovery currently pays dividends on a semi annually basis.
Has Discovery ever paid a dividend?
Yes, Discovery has a history of paying dividends to its shareholders. Discovery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Discovery dividend stocks?
To buy Discovery 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 Discovery 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.
Place an order: Use the brokerage's trading platform to place an order to buy Discovery 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 Discovery pay dividends 2024?
Discovery pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-21. 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 Discovery increase its dividend in 2024?
Decisions regarding Discovery 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 Discovery dividend overview you can look into the above table of dividend history.
How Discovery dividend works?
The Discovery 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 Discovery's dividend process works:
1. Determination of Dividend: Discovery'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, Discovery 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, Discovery 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 Discovery 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. Determination of Dividend: Discovery'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, Discovery 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, Discovery 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 Discovery 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 Discovery dividends paid?
Discovery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Discovery 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, Discovery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Discovery 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.
1. Record Date: Discovery 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, Discovery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Discovery 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 Discovery pay dividends?
Discovery 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 Discovery pay dividends?
The general pattern is that Discovery pays dividends around October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Discovery dividend safe?
The safety of Discovery'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 Discovery'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 Discovery'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.
To assess the safety of Discovery'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 Discovery'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.