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 1.18%
• 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 1.18%. Interested in purchasing Discovery stock? Use our calculator to estimate your expected dividend yield:
Discovery Financial Ratios
Discovery Dividend FAQ
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.
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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. 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.
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.