FirstRand Limited, together with its subsidiaries, provides banking, transactional, lending, insurance, and investment products and services in South Africa, rest of Africa, the United Kingdom, rest of Europe, North America, and Asia. The company offers deposit-taking services and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages. It also provides life and short-term insurance products; card-acquiring services; and vehicle finance, installment credit and fleet management, and corporate and investment banking services. In addition, the company offers asset management, as well as vehicle-related insurance services. It serves retail, commercial, corporate, and public sector customers, as well as small business, agricultural, medium corporate, parastatal, and government entities. FirstRand Limited was founded in 1998 and is based in Sandton, South Africa.
FirstRand Dividend Announcement
• FirstRand announced a semi annually dividend of R215.00 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-10-09
• FirstRand annual dividend for 2024 was R415.00
• FirstRand annual dividend for 2023 was R384.00
• FirstRand's trailing twelve-month (TTM) dividend yield is 5.18%
• FirstRand's payout ratio for the trailing twelve months (TTM) is 90.77%
• FirstRand's dividend growth over the last five years (2018-2023) was 6.91% year
• FirstRand's dividend growth over the last ten years (2013-2023) was 10.94% year
FirstRand Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-09 | R215.00 | semi annually | 2024-10-14 |
| 2024-03-26 | R200.00 | semi annually | 2024-04-02 |
| 2023-10-11 | R195.00 | semi annually | 2023-10-16 |
| 2023-03-29 | R189.00 | semi annually | 2023-04-03 |
| 2022-10-12 | R125.00 | semi annually | 2022-10-17 |
| 2022-03-30 | R157.00 | semi annually | 2022-04-04 |
| 2021-10-13 | R153.00 | semi annually | 2021-10-18 |
| 2021-03-30 | R110.00 | semi annually | 2021-04-06 |
| 2020-04-01 | R146.00 | semi annually | 2020-04-06 |
| 2019-09-25 | R152.00 | semi annually | 2019-09-30 |
| 2019-04-03 | R139.00 | semi annually | 2019-04-08 |
| 2018-10-03 | R145.00 | semi annually | 2018-10-08 |
| 2018-03-27 | R130.00 | semi annually | 2018-04-03 |
| 2017-10-04 | R136.00 | semi annually | 2017-10-09 |
| 2017-03-29 | R119.00 | semi annually | 2017-04-03 |
| 2016-10-05 | R118.00 | semi annually | |
| 2016-03-24 | R108.00 | semi annually | |
| 2015-10-05 | R117.00 | semi annually | |
| 2015-03-23 | R93.00 | semi annually | |
| 2014-10-06 | R97.00 | semi annually | |
| 2014-03-24 | R77.00 | semi annually | |
| 2013-10-07 | R81.00 | semi annually | |
| 2013-03-22 | R55.00 | semi annually |
FirstRand Dividend per year
FirstRand Dividend growth
FirstRand Dividend Yield
FirstRand current trailing twelve-month (TTM) dividend yield is 5.18%. Interested in purchasing FirstRand stock? Use our calculator to estimate your expected dividend yield:
FirstRand Financial Ratios
P/E ratio12.00
PEG ratio371.02
P/B ratio2.20
ROE18.99%
Payout ratio90.77%
Current ratio0.31
Quick ratio0.31
Cash Ratio0.30
FirstRand Dividend FAQ
How much is the next FirstRand dividend?
FirstRand's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next FirstRand dividend. The next FirstRand dividend will be released in March, or October.
When is FirstRand dividend paid?
FirstRand pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and 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 FirstRand pay?
The specific amount of FirstRand 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 FirstRand's dividend history.
Does FirstRand stock pay dividends?
Yes, FirstRand 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 FirstRand's dividend history.
How much dividend does FirstRand pay?
FirstRand paid R415.0 in 2024, R384.0 in 2023, R282.0 in 2022, R263.0 in 2021, and R146.0 in 2020.
How often does FirstRand pay dividends?
FirstRand 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 March, and October.
What is FirstRand's dividend yield?
The current dividend yield for FirstRand is 5.18%. 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 FirstRand's exact dividend yield.
When does FirstRand go ex dividend?
FirstRand's ex-dividend date for the latest dividend was on 2024-10-09. FirstRand 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 FirstRand dividend paid?
FirstRand pays dividends on a semi annually basis, typically around March, or October, but the exact dates can vary each year.
Will FirstRand 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 FirstRand 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 FirstRand dividend per share?
FirstRand paid R415.0 per share in 2024 and R384.0 per share in 2023. The amount of dividend per share that FirstRand 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 FirstRand 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 FirstRand 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 FirstRand a dividend stock?
Yes, FirstRand is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is FirstRand a good dividend stock?
Whether FirstRand is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. FirstRand has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating FirstRand 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 FirstRand 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 FirstRand pay dividends monthly?
FirstRand typically pays dividends on a semi annually basis.
Does FirstRand pay dividends quarterly?
FirstRand currently pays dividends on a semi annually basis.
Has FirstRand ever paid a dividend?
Yes, FirstRand has a history of paying dividends to its shareholders. FirstRand is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy FirstRand dividend stocks?
To buy FirstRand 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 FirstRand 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 FirstRand 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 FirstRand pay dividends 2024?
FirstRand pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-14. 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 FirstRand increase its dividend in 2024?
Decisions regarding FirstRand 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 FirstRand dividend overview you can look into the above table of dividend history.
How FirstRand dividend works?
The FirstRand 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 FirstRand's dividend process works:
1. Determination of Dividend: FirstRand'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, FirstRand 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, FirstRand 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 FirstRand 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: FirstRand'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, FirstRand 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, FirstRand 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 FirstRand 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 FirstRand dividends paid?
FirstRand dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: FirstRand 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, FirstRand distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: FirstRand 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: FirstRand 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, FirstRand distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: FirstRand 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 FirstRand pay dividends?
FirstRand 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 FirstRand pay dividends?
The general pattern is that FirstRand pays dividends around March, and 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 FirstRand dividend safe?
The safety of FirstRand'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 FirstRand'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 FirstRand'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 FirstRand'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 FirstRand'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.